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Home Improvement Spending Expected To Drop 5 9% Via Q2 Of 2024

Only 4% of Canadians would consider spending above $50,000 on home renovations. Only 16% mentioned the renovations have been to increase the market value of their home whereas 29% renovated to reinforce their way of life and another 29% carried out maintenance work or improved the safety of their houses. However, 59% of Canadians stated they all the time consider the return on their funding when deciding to renovate. Doing it yourself is well-liked in Canada with 73% of Canadians having carried out improvements in their properties earlier than the pandemic. The most typical spaces Canadians have renovated themselves embrace…