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How the COVID-19 pandemic sparked a rise in sight unseen home-buying

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Real estate analysts and industry watchers say there's been a significant increase in the number of Canadians who are buying homes— sight unseen — during the pandemic.

COVID-19 has turbo-charged the housing market, pushing prices higher and spurring a buying frenzy.

As Anne Gaviola explains, while some homebuyers say they have no regrets of sealing the deal before seeing the property, the real estate trend reflects a worrisome lack of housing supply.

For more info, please go to https://globalnews.ca/news/8236302/covid-home-buying-sight-unseen/

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Category
U.S. & Canada
Tags
global news, COVID-19, coronavirus
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