A new survey reveals Canadians are investing heavily in home renovations, with average project costs nearly doubling to $19,000 compared to 2019. The findings suggest that while Canadians are making substantial investments in their homes, they're doing so with careful financial planning and a growing emphasis on sustainable solutions.
Despite a slowdown in Q3 2024 construction sector activity, home renovation professionals express optimism for Q4, according to Houzz's latest Renovation Barometer.
As the Federal Reserve's rate cut impacts the flooring sector, industry veterans demonstrate adaptability. Dan Frierson's 60-year journey at The Dixie Group showcases innovative leadership, while Starnet's long-standing members highlight stability. Our October issue also explores retail innovations, installation techniques, and pricing strategies, reflecting the industry's multifaceted nature and ability to navigate economic shifts.
After years of city living, one Toronto family traded in the constant crowds and traffic for acres of green farm fields. They enjoyed their vacation home for 10 years before deciding it was time to transform the property into their dream home complete with a custom radiant heat system.
In order to capitalize on the growing market, flooring manufacturers and suppliers will need to address challenges related to waste disposal, installation, renovation, and demolition.
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 67, increasing two points compared to the previous quarter.
With home renovations escalating post-pandemic, especially in bathrooms, customization is trending with a shift to engineered shower installation systems.
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