Residential construction and renovations will definitely reduce in 2023.
Good news is coming for 2024 and 2025.
Firstly, a possible drop in interest rates will allow people who need or want to renovate to afford this luxury or necessity.
Some have had to postpone important and necessary work, caused by the rise in interest rates. Stay tuned, because 2024 and 2025 will allow you to move forward with your project in a more financially healthy way.
Here is the APCHQ article which talks more about it. (In french)
