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Summer home improvement projects slow compared to 2021

High costs of goods and the ability to travel again have put a hold on home improvement activity in Inuvik this year.
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Inuvik Home Hardware franchise owner Joe Lavoie says heSA国际影视传媒檚 seen a definite decrease in sales related to home improvements and renovations this year compare to last year. Eric Bowling/NNSL photo

High costs of goods and the ability to travel again have put a hold on home improvement activity in Inuvik this year.

Inuvik Home Hardware franchise owner Joe Lavoie said the surge in sales he saw during the Covid-19 pandemic has pretty much dried up since restrictions on movement and travel were lifted.

SA国际影视传媒淭his summer, thereSA国际影视传媒檚 a big difference,SA国际影视传媒 he said. SA国际影视传媒淢ay was about normal, but July and August really tapered off. ThereSA国际影视传媒檚 less restrictions and I think people just wanted to get out.

SA国际影视传媒淲hen I got back from vacation in the month of August itSA国际影视传媒檚 been very quiet. SA国际影视传媒

But correlation may not be causation SA国际影视传媒 Lavoie noted a lot of the projects he supplied over the last two years were smaller projects. Things such as painting, repairing holes in drywall and replacing facades.

In other words, the drop in business could be as much of people having run out of feasible projects.

SA国际影视传媒淗usbands probably had more time and the wives got after them a little more and no one was going anywhere.,SA国际影视传媒 he said. SA国际影视传媒淟ittle things any household undergoes over time, like a cabinet needs to be fixed or a doorknob needs to be replaced. But if you painted your interior house two years ago, youSA国际影视传媒檙e not likely going to do it again.

SA国际影视传媒淎 lot of projects that had been put off over time are done now.SA国际影视传媒

One area Lavoie said he definitely has seen a huge jump in is the cost of goods, both during and following the pandemic. Lavoie said increases all along the supply chain were showing up in the shelf price.

He noted the cost of freight had increased dramatically, but a surge in demand for lumber during the pandemic also drove prices up across the board, much of which have yet to recover.

SA国际影视传媒淭ransportation costs have gone up,SA国际影视传媒 he said. SA国际影视传媒淪ome of the dimensional lumber came down, but other types have stayed fairly high. But overall the cost materials SA国际影视传媒 ISA国际影视传媒檝e seen increases on almost everything.

SA国际影视传媒淚 would say the majority of items we sell have increased in price.SA国际影视传媒

However, he said it was far too early to draw conclusions on if the high costs are impacting his business, noting when someone commits to a home improvement project they usually go ahead regardless of the costs.

But Lavoie said he saw good things in the future, noting several major infrastructure projects in the works should create new employment, which should eventually trickle down into sales.

SA国际影视传媒淒efinitely Inuvik is in an enviable position,SA国际影视传媒 he said. SA国际影视传媒淲ith the work thatSA国际影视传媒檚 going to take place at the airport, that definitely is a positive for the community and is going to create some money in peopleSA国际影视传媒檚 pockets.

SA国际影视传媒淚 think the town is sitting pretty good at the moment. I donSA国际影视传媒檛 think things are going to be super, but we should be in a good position that things should stabilize somewhat and sales will keep steady.SA国际影视传媒

Numbers obtained from the Town of Inuvik appear to reflect LavoieSA国际影视传媒檚 observations. Development permits are down for 2022 compared to this time in 2021 SA国际影视传媒 specifically, the town has issued 24 development permits in 2022, with the most recent on Sept. 9. By Sept. 9, 2021, the town had issued 36 permits.



About the Author: Eric Bowling

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