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7 de ago. de 2023 · By 2022, homeowners’ spending rose to $472 billion. In 2024, home improvement projects are expected to decline due to housing market issues, such as stalled home sales and mortgage...
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19 de ene. de 2023 · Slight Gains in 2023 Outlook for Residential Remodeling The LIRA projects a steep deceleration in annual gains of home renovation and maintenance spending from 16.3 percent at the close of 2022 to just 2.6 percent by year-end 2023.
24 de may. de 2024 · Is Now a Good Time to Renovate? Key Takeaways. Home renovation spending predicted to drop from 16.3% down to 2.6% over the next year. Housing market and appreciation of home prices partially to...
Home Improvement Market Insights. Global Home Improvement Market size was valued at USD 342 billion in 2022 and is poised to grow from USD 364.9 billion in 2023 to USD 613.1 billion by 2031, growing at a CAGR of 6.7% in the forecast period (2024-2031).
14 de dic. de 2022 · So, what’s next? Inflation and a probable 2023 recession will affect how much homeowners spend on home improvement going forward. Analysts forecast total home improvement products market growth to decelerate from 7.2% in 2022 to 1.5% in 2023, with the consumer and professional markets growing by 0.6% and 3.6%, respectively.
21 de abr. de 2022 · CAMBRIDGE, MA – Expenditures for improvements and repairs to the owner-occupied housing stock are expected to grow throughout 2022 and into early next year, but at a decelerating pace, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing ...
10 de nov. de 2022 · Most Homeowners Will Continue With Their 2023 Remodeling Plans. Economic uncertainty and supply chain issues aren’t holding homeowners back from proceeding with remodeling projects. Mitchell Parker November 10, 2022. Houzz Editorial Staff.
