Home Improvement Industry Statistics 2023 and Facts

Home improvement in the U.S. - Statistics & Facts | Statista

The leading home improvement chain is The Home Depot, which generated 152.7 billion U.S. dollars in sales in 2023. Lowe's came in second with ...

Home Remodeling Statistics and Trends of 2024 - Fixr.com

The median annual spending per household on home improvements was $24,000 in 2023, which is 60% higher than the median spending in 2020 ($15,000) ...

Home Renovation Facts and Statistics (2024) - Architectural Digest

Americans spent $363 billion on home improvements, renovations, and repairs in 2020 and $406 billion the following year. This was an 11.8% ...

2023 Home Improvement Industry Trend Report: A Recession (?)

When interest rates reached historic lows, homeowners were able to borrow against the equity of their homes. Subsequently, the remodeling industry trends skewed ...

THE INDUSTRY'S ANNUAL REPORT

2023 MARKET MEASURE |. Hardware and home improvement sales accelerated at a ... Home Improvement Industry Sales Growth. (IN $CD; IN BILLIONS). *Forecasted ...

Sales of home improvement in the U.S. 2008-2027 - Statista

In 2023, home improvement sales in the United States amounted to around 544.6 billion US dollars. By 2027, this amount is expected to reach over 600 billion US ...

Home Improvement Industry Statistics 2023 and Facts

The reports say that the Home Improvement Industry market size is expected to reach $575.5 billion by the year 2030 which is termed as the global market growth ...

Home Renovation Statistics and Trends: Our 2024 Report

The home renovation industry has quickly surpassed the $400 billion threshold within the last two years, according to reports from the Joint Center for Housing ...

Home Improvement Industry Trends For 2023 | Rocket Homes

2022 Home Improvement Industry: Quick Facts · Average home sizes are continuing to increase. · Entry level home sales are decreasing while upper- ...

Top 33 Home Remodeling Statistics and Trends of 2023

What are the Latest Trends in the Home Remodeling Industry? · The home improvement industry was valued at $763 billion in 2020. · Between 2020 and ...

Navigating the Home Improvement Market Given the Latest U.S.…

The total home improvement market is expected to shrink by 0.1% in 2024, following a 1.6% decline in 2023, bringing total sales to $545 billion.

Home Improvement Spending to Plateau by Late 2024 - Forbes

Home renovation spending is expected to decrease from $481 billion in 2023 to $450 billion in 2024. Steep renovation costs, heightened interest ...

USA Home Improvement Statistics (Updated June 2023)

After spending a whopping $538 billion on home improvements in 2021, property renovation sales are projected to reach an even more impressive $625 billion in ...

30+ Home Improvement Industry Statistics [2023]: Trends, Spending ...

30+ Home Improvement Industry Statistics [2023]: Trends, Spending, And Growth · Americans spent $538 billion at home improvement stores in 2021.

[Report] FY 2023 State of the Home Improvement Industry - YipitData

Despite economic challenges, the home improvement industry has displayed strong resilience, driven by sustained consumer interest in ...

U.S.: home improvement product popularity 2023 | Statista

According to a 2023 survey conducted in the United States with a panel of more than 300 architecture firms, low maintenance materials are ...

Home Improvement Industry Statistics, Trends & Analysis [2024]

25% of homeowners spent between $10,000 and $25,000 on their home improvement and renovating projects in 2018. Why Renovate? American homeowners ...

United States Home Improvement Market Size & Forecast 2030

The United States home improvement market was valued at USD 470 billion in 2023 and is expected to grow at a CAGR of 5.2% through 2032.

10 DIY Statistics Shaping the Home Improvement Industry in 2022 ...

10. The Consumer Market for the Home and Building Products Industry Will Grow by Roughly 2.3 percent from 2023 to 2025 · Expendable income is now going towards ...

8 Home Improvement Statistics You Might Not Know | Kitchen Tune-Up

According to a 2023 report by Harvard's Joint Center for Housing Studies, the home improvement market's value is expected to reach $485 billion ...