Renovation instead of moving: Quebecers stay the course despite the crisis

The home renovation market in Quebec is showing unexpected resilience amid economic instability that has hit household budgets. That is the main conclusion of the latest annual study by the Quebec Construction and Housing Professionals Association (APCHQ).According to the organization’s fifth survey, published on Monday, 64% of homeowners are sticking…

The home renovation market in Quebec is showing unexpected resilience amid economic instability that has hit household budgets. That is the main conclusion of the latest annual study by the Quebec Construction and Housing Professionals Association (APCHQ).

According to the organization’s fifth survey, published on Monday, 64% of homeowners are sticking to their renovation plans and intend to begin work within the next three years. The figure is virtually unchanged from 2024, when it stood at 65%.

If a year ago the market was supported by falling interest rates, the situation is different now: homeowners are increasingly inclined to be cautious. The main restraining factors cited are an insufficient budget (49%), high prices for building materials (27%), and overall economic uncertainty.

Nevertheless, the structure of planned work remains stable. Interior work is the clear leader—75% of respondents. In second place is exterior work (48%), with additions and reconfigurations rounding out the list (8%).

The average renovation budget overall is holding at 32,000 Canadian dollars. Interior work costs an average of $24,000, exterior work $18,000, while additions and conversions already require around $68,000.

APCHQ also notes a steady trend toward energy upgrades in housing: Quebecers are increasingly aware of government support programs and feel a growing need to reduce energy consumption. However, the high cost of such work remains a serious obstacle.

“Despite the uncertainty, Quebecers are not giving up on their projects—they are adapting. Renovation is increasingly becoming a real alternative to buying a new home,” APCHQ notes.

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