Market Conditions
Market Conditions
Remodeling Spending To Tick Up Through Mid-2025
The Leading Indicator of Remodeling Activity report says things will trend up after a modest downturn
NAHB
NAHB: Remodelers Face Challenges and Opportunities
Remodelers face a uniquely strong market yet remain challenged by codes and costs
NAHB
NAHB Announces Action Plan for Housing Affordability
Six of the proposed 10 action items are important to residential remodelers
Market Conditions
Metros with the Highest and Lowest Remodel ROI
First-time homebuyers can find fixer-upper listings priced between 5 to 10% lower than move-in ready homes. The high return on investment of these projects shows that remodeling remains a strong option to navigate the current housing market
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Industry Data & Research
Remodeling Loan Data Reveals Geographical, National Trends
An analysis of loan data shows the most popular, and least popular, states for home improvement
Market Conditions
Remodeling Spending to Decline at Faster Rate, Says Harvard
Remodeling spending may drop for the first time since 2020, according to predictions from Harvard's Remodeling Futures Program
NAHB
Working to Create a Strong, Skilled Workforce
Remodeling is booming, but labor shortages continue to challenge the industry
Industry Data & Research
Remodeler Market Sentiment Edges Up Despite Challenges
Market continues to grow, but slower than 2022
Market Conditions
Remodeling Market Predicted to Contract by 2024
Harvard's Joint Center for Housing Studies projects that year-over-year spending on improvements and maintenance will decline 2.8% through the first quarter of 2024.
NAHB
Large Stock of Aging Homes Signals Remodeling Growth
The majority of US housing stock was built before 1969
Market Conditions
Study Finds Remodelers’ Net Profits Declined
How far did net profits decline and what's influencing the drop?
Market Conditions
Builders Focus on Remodeling as New Construction Declines
Some builders hope to benefit from remodeling's strength, giving a slight boost to new construction confidence
Market Conditions
The Home Depot Bets on Pros Amid Predictions of Flat Sales Growth
For the first time since 2019, The Home Depot’s revenue fell short of Wall Street’s predictions amid a general softening in the home improvement market