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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.
18 de abr. de 2024 · Current Release. Continued Easing of Remodeling Declines Expected into 2025. Thursday, April 18, 2024. View Now. The Leading Indicator of Remodeling Activity (LIRA) provides a short-term outlook of national home improvement and repair spending to owner-occupied homes.
Hace 5 días · 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...
22 de mar. de 2023 · Findings from a survey of 46,118 users, including 24,667 renovating U.S. homeowners on Houzz about their home renovations in 2022 and plans for 2023. Houzz Research. Download the full report.
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.
4 de ago. de 2022 · Although the recent spike of inflation might influence its growth rate, the home improvement market is still expected to record high revenues in 2023. In fact, the business of homeownership...
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