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Selling your home in the middle of a pandemic may seem stressful, but the thought of going through a long winter lockdown in a home you’re unhappy in can feel unbearable. When you can go from long lunches on pop-up terrasses to living in lockdown in the space of a few days, it’s clear: there’s no time like now to do the things you dream of.
This sharpened sense of urgency is spurring many Montrealers to make big life changes. More and more, urbanites are trading chic city condos for country homes and springing for cozy chalets in cottage country, realtors say.
Others are taking advantage of low interest rates to finance upgrades to their homes, or buying bigger and more luxurious properties with more space to live, work and play.
Yet the number of homes on the market remains at a record low. The result is a dynamic market — almost manic, Engel & Völkers broker Patrice Groleau said.
“The market is just insane. We’re breaking records. We’re not sitting on any properties, we’re selling everything. If it is well-priced, we are selling it,” Groleau said. “People want to live now. People dream about having a chalet or to buy a new house. They say, ‘We don’t know what will be tomorrow’.”
