THE CONTEXT :
Inflation caused by the pandemic is currently being increased by the conflict in Ukraine. It will accentuate and stretch over time.
To counter this inflation, a series of interest rate hikes will happen over the next two years. The decrease of these rates, will only be hypothetical at best.
Quebec lacks about 60,000 homes to achieve a balanced market. This reality will push the government to facilitate the construction of these units in order to make home ownership more affordable. In doing so, the increase in demand for labor and materials shared with the renovation sector will push the prices even further.
As with all sectors, the renovation industry is facing a labor shortage that is not going away any time soon. Labor costs will necessarily continue to grow.
As for materials, at best, prices will gradually stabilize as manufacturing plants and supply chains recover post-pandemic. However, it is a safe bet that the strong demand for materials will continue to drive prices up.
In light of these facts, it is easy to understand that renovation prices today are certainly more affordable than they will be in the future. Now let’s see how we can help you.
OUR DISTINCTIVE STRENGTHS TO REDUCE THE EFFECTS OF THE CURRENT CONTEXT AND ALLOW BETTER BUDGETARY CONTROL AND BETTER DEADLINES:
Our integrated design and construction gives us the best position in the market to give you the right information on costs and deadlines for your project. Independent designers have lost their budget references, while we are in direct contact with the various stakeholders, while we accompany you with the design and planning of your project.
Our volume of business allows us to secure our purchases at the best prices with our suppliers and our subcontractors.
Our storage capacity allows us to store raw materials at the best price.
We favour local purchases to reduce our exposure to logistical problems impacting the delivery of materials, and therefore delays for your project.