Home Renovation Facts and Statistics
Home Renovation Facts and Statistics (2024) - Architectural Digest
Home improvement project spending increased from $328 billion in 2019 to $472 billion in 2022, with an estimated 2024 spending of $485 billion.
Home Renovation In 2024: 15 Facts & Stats To Consider Before ...
We've compiled 15 priority facts and home remodeling statistics offering valuable insights to point renovations in the right direction.
Home Renovation Statistics and Trends: Our 2024 Report
Homeowners spent $463 billion on home renovations in the first quarter of 2024 — projections indicate that home renovation spending will continue to decline by ...
Home renovation in 2024: 10 facts & stats to consider before ...
61% of Americans prefer renovating rather than moving. 2. Kitchen renovations yield the biggest returns.
Home improvement in the U.S. - Statistics & Facts | Statista
The total US home improvement expenditure amounted to 566 billion US dollars in 2022. Homeowners undertake home improvement to make residential properties more ...
Remodeling Impact - National Association of REALTORS®
After remodeling, 84% of owners have a greater desire to be in their home. Sixty- nine percent have increased enjoyment in their home. Fifty-seven percent feel ...
Home improvement projects - statistics & facts - Statista
The US home improvement market size increased by more than 12 percent in 2020, the largest year-over-year increase in the last decade.
Home Remodeling Statistics and Trends of 2024 - Fixr.com
General Spending · Spending on homeowner improvements and repairs surged by 81% from 2014 to 2023. · A decrease of $30 billion is predicted ...
Remodeling - National Association of REALTORS®
Remodeling Statistics and Trends ... The LIRA projects that annual owner spending for home renovations and maintenance will decline by over 7 percent in the third ...
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 ...
New Data: Home Renovation Trends in 2024 | Clever Real Estate
Homeowners are investing even more in their homes in 2024, with 44% saying they're spending more on remodeling projects this year than they did ...
99+ Home Repair Statistics to Know for 2024 - WebFX
1. The home service market is projected to reach $156 billion by 2030. · 2. Urban areas are likely to dominate the home services market in demand and revenue — ...
Home Remodeling Statistics: Trends and ROI (2024) - RubyHome
Thus, the home remodeling market includes wholesalers and retailers of home improvement materials and supplies, contractors, builders, and ...
43 Home Improvement Industry Statistics - Cleango
Key Home Improvement Statistics: · Americans spent $538 billion at home improvement stores in 2021. · 59% of U.S. homes were developed before 1980 ...
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 ...
53 Compelling Kitchen Renovation Statistics for 2024
Home renovation spending, including kitchens, will decline slightly in 2024 due to interest rates and supply chain issues. But it's still big, $485 billion ...
Home Remodeling Facts And Figures, Part I
In fact, you can expect to recover up to 92 percent of your investment when you decide to sell your home, no matter the size of your remodel.
Helpful Home Remodeling Statistics for Homeowners that will Make ...
Top 10 Home Remodeling Facts and Stats · In 2018, remodeling a kitchen cost, on average, around $14,000. · In the United States, most houses need remodeling and ...
30+ Home Improvement Industry Statistics [2023]: Trends, Spending ...
Americans spent $538 billion at home improvement stores in 2021. · 59% of U.S. homes were built before 1980. · 76% of American homeowners did a ...
Home improvement in the U.S. - Statistics & Facts - askStatista
Find the most up-to-date statistics and facts on the DIY and home improvement market in the U.S..