Despite the challenges facing the construction industry over the past two years, there seems to be cautious optimism for 2022. I’m a glass half-full kind of guy and always try to see the more optimistic side of things. To me, there is always a solution, and I love the challenge.

Over the past two years, homeowners have spent many more hours at home than they usually would have. Instead of going on vacation and doing activities, most of us have been at home trying to manage with all the challenges and spending lots of time binging TV.

The money that homeowners would have spent on vacations and other activities is being put back into their homes. Assuming your roof, building envelope, windows and basement are all in good shape, then remodelling the interior of your home is a great idea.

The building and renovation industry is booming and many are booked months in advance, however there will still be challenges that homeowners and contractors need to acknowledge and appreciate.

Though things appear to be settling down, lumber prices and stock levels remain a big concern, but experts say it should sort itself out later this year. Goods and services are also seeing an increase. Just look at the rise in food and gas prices. Food prices are expected to increase by five to seven per cent, and gas prices are predicted to be 20 per cent higher. Appliance prices have gone up considerably from 20 to 30 per cent.

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