Canadians love to renovate
By: LMP Editorial Team - June 15th, 2007
Approximately 1.5 million households in 10 Canadian cities spent an average of $11,000 in 2006 in renovations, according to a study by the Canada Mortgage and Housing Corporation. More than 60% of those families updated, added value to, or prepared their homes for resale, while 33% completed repairs. The top jobs were room remodelling, painting or wallpapering, and flooring. (more…)