Declining interest rates and falling inflation are a few factors driving strong demand for home renovations in Ontario.
According to a recent poll published by CIBC, 49% of Canadians are in the process of planning, executing or have recently completed home renovations. In addition to growing demand, homeowners are also spending more to complete these projects, with the average expected cost of $19,000 which is nearly double the amount spent in 2019.
- The same report found that the top five renovations completed in the past year are:
- Small upgrades including painting and general repairs (46%)
- Bathroom upgrades (39%)
- Flooring upgrades (32%)
- Kitchen upgrades or remodels (27%)
- Basement finishing (26%)
These positive trends are expected to continue through to 2028, according to a BuildForce Canada industry report, so let’s get your company at the forefront of peoples’ minds who are searching for contractors.
How Ad Ops House can help you benefit from this positive trend
We specialize in working with budgets of all sizes to elevate your online visibility to ensure that your ads are not only seen, but targeted to the right audience. Whether it be Google Ads and Search Engine Optimization for smaller budgets, or website redesigns and multimedia advertising for more ambitious strategies, we will create a customized plan that meets your objectives and your budget constraints. Let us partner with you to stretch your marketing budget further.