Ofcourse with technological advancements, the situation will be different as people can interact in a virtual world. However, within months of the COVID-19 lockdown, a lot of people who loved to reside in downtown core areas and commute via GO buses and trains went to buy cars and move to hinterlands.
Home buyers looking for homes for sale in Vaughan suddenly increased with a sudden influx of urban dwellers looking to settle in suburban cities around Toronto in GTA. Prices of homes for sale in Maple, Vaughan also increased as there were many buyers looking to settle in cities like Vaughan.
Top realtors In Vaughan became busy selling high-end properties of their clients and get them the best market rate on their homes for sale in Kleinburg or homes for sale in Woodbridge. Real estate agent is Vaughan saw changes in the Vaughan real estate as house prices increased rapidly due to increase in demand.
According to a recent report by RE/MAX, a particular region stood out above all other which was Muskoka in Ontario. Muskoka is known for beautiful scenic beauty around the place and ample options to rent cottages.
Suddenly there was an increase in permanent settlers as most of the people did not mind moving out to far off places while they continue working from home. House prices in cottage country jumped by around 20 percent. Homes for sale in Muskoka saw a price rise of an astonishing $200 each day during the pandemic.
Along with the real estate market there is also a sudden boom in the automobile industry. Just when real estate in GTA began hitting high, there was a boom in car buying which saw record high sales as people moved to far away remote places.
It is interesting to see how many specific industries have reacted in the after math consequences of the COVID-19 pandemic. In spite of rate of employment still high and the economy wanting support, there are certain industries which did more than better trying to accommodate the changing needs of Canadians. Real estate is surely one of them.