New construction contracts fell 55.2% in a year. If you were renovating or building, what would you do?

KSH data, August 2026, year on year.

• I'd start now: weak demand may make contractors more open to negotiating
• I'd wait: the sector won't recover before 2028, but prices may still change
• I'd only do the unavoidable work now
• I'm not planning any renovation or building, so it doesn't affect me