HomeStars releases 2022 Reno Report

Canadian homeowners have spent significantly more on renovations this year than in years past, according to the newly released 2022 Reno Report from HomeStars. On average, those who completed indoor renovations in the last 12 months spent $13,000, up from $8,300 last year. Although more Canadians have indicated an intention to pause home renovations in the coming year, and even given rising material and labour costs, HomeStars estimates that Canadian homeowners on average, will double their total home reno spending this upcoming year.