Ways Canadian homeowners plan to fund renovation projects 2019

This statistic displays different ways which homeowners plan to fund future renovation projects in Canada, as of May 2019, broken down by payment method. Some 58 percent of survey respondents stated that they plan to use cash or savings to fund their next home improvement project.

How homeowners plan to fund future renovation projects in Canada as of May 2019

Share of respondents
Cash or savings58%
Will borrow to cover costs34%
Other/don't know8%
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Source

Release date

June 2019

Region

Canada

Survey time period

May 8 to 9, 2019

Number of respondents

1,155 respondents

Age group

18 years and older

Special properties

randomly selected Canadians who are Maru Voice Canada panellists

Method of interview

Online survey

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Statistics on "DIY and home improvement market in Canada"

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