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Consumers are taking a break from big home renovations projects


Consumers are taking a break from big home renovations projects

After a pandemic-era renovation craze, the nation's two largest home improvement retailers say customers are spending less on big projects in ...

Consumers Appear to be Taking a Break from Home Renovations

“Major home renovation projects are on hold as consumers watch their finances, but they still have an appetite for lower-cost improvements they can do ...

Homeowners hit pause on remodels as costs get 'just ridiculous'

Two of the nation's top home improvement retailers reported this month that consumers are spending less on big-ticket projects that often ...

Consumers are putting off home improvement projects - Morning Brew

Both Home Depot and Lowe's attribute the sales slowdown to customers waiting for interest rates to fall before taking out a loan for a new home ...

Consumers Are Putting Off Home-Renovation Projects

Aarthi Swaminathan of MarketWatch reports that between high interest rates, inflation, and economic uncertainty, homeowners are taking a pause ...

Is the Remodeling Boom Over—or Just on Pause?

During the pandemic, Americans became ultra-focused on upgrading their homes, taking on remodeling and DIY projects in record numbers. But as ...

Homeowners still putting off big remodels amid high rates, Home ...

High interest rates over the past few years pushed millions of Americans to cut back on or delay plans to remodel or renovate their homes.

Consumers Pressing Pause on Major Kitchen Retail Spending in ...

“Major home renovation projects are on hold as consumers watch their finances, but they still have an appetite for lower-cost improvements they ...

Home renovations slow as consumers struggle with inflation

... home prices are becoming a growing deterrent to consumers wishing to invest in major renovation or remodeling projects. Will do-it-yourself ...

Covid-19 Trade Labor Shortage Impacts Renovations – Forbes Home

Last year alone, Americans spent nearly $420 billion on home improvement projects. Having been required to stay inside for so many months, ...

Renovations ruining relationships: Almost one in five couples ...

Renovations are big undertakings, nevertheless our research revealed that 57%1 of homeowners would take on renovation projects themselves rather than hire a ...

Furniture and Home Renovations Post Pandemic Normalization and ...

He's an analyst in our consumer research sector who focuses on home ... larger-ticket or larger projects. Whole home renovations are sofas ...

NBC News on X: "After a pandemic-era renovation craze, the ...

... on big projects in favor of cheaper do-it-yourself fixes ... Forget a new bathroom, just fix the faucet: Consumers take a break from home ...

Home Depot warns of pullback in consumer spending ... - CBS News

Home Depot said consumers are holding off on home purchases and renovation projects until mortgage rates come down.

My Home Renovation Nightmare - Business Insider

With demand soaring, contractors have been in short supply, granting them an unprecedented amount of power. If they leave projects half done or ...

Renovation projects remain popular, but homeowners often need ...

Clever Real Estate reports that 63% of homeowners would rather remodel their current home than move to one that has already been fixed up.

The Impact Of The Pandemic On The Home Improvement Market

The need and time were there, but doing home improvement jobs also requires money. Due to the lockdowns, consumers suddenly had more budget ...

Will Lower Interest Rates Fuel a Home Remodeling Rebound?

Year-over-year four-quarter spending growth on home projects and repairs peaked at 17.2% in the third quarter of 2022, according to Harvard's ...

House renovations are making me depressed : r/DIYUK - Reddit

The rest got done in time. Try not to look at the whole project as one job. Break it down. Concentrate on one area at a time. Complete it - I ...

7 Home Improvement Industry Trends To Watch in 2024

While the pandemic-fueled surge in smaller, decorative projects is decreasing, we're seeing a shift towards larger-scale renovations and ...