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A poll released by CIBC reveals that Canadian homeowners are renovating their properties to stave off buying new homes. Almost 50 per cent of Canadians are planning to repair or improve their home this year, up from 37 per cent in 2016. Of those choosing to renovate, over half are doing so to avoid jumping into Canada’s tumultuous housing market. “One of the interesting things that was found in the CIBC poll is that particularly in the GTA, some of the Canadians who really felt that they wanted to choose to stay in their home wanted to renovate as opposed to jumping into the housing market. More than…