The homeownership rate saw a recent dip, declining to 65.1% in the first quarter of 2025, the lowest level since the first quarter of 2020, according to an analysis by the National Association of Home Builders. Housing affordability is also …
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The Sherwin-Williams Company announced its financial results for Q1 2025, with the first quarter ending on March 31, 2025. The Paint Stores Group of Sherwin-Williams Company saw same-store sales increase by 1.2%, up from a 0.1% decrease in Q1 2024, …
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Consumer spending this Mother’s Day is expected to reach $34.1 billion, according to the National Retail Federation (NRF) and Prosper Insights & Analytics, up from last year’s $33.5 billion. 84% of U.S. adults are expected to celebrate Mother’s Day, with …
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The Do it Best Group announced the promotion of Shane Burnworth to the role of True Value divisional merchandise manager. Burnworth most recently worked as merchandise manager for power tools at Do it Best, where he brought growth through strategic vendor …
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The Home Improvement Research Institute (HIRI) Contractor Technology Adoption in Home Improvement Report explores how cutting-edge technology is reshaping the home improvement industry. This study sheds light on the current state of technology adoption among home improvement professionals. AI Adoption According to …
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Retailers in the independent channel have the opportunity to cater to specific customer needs, tailoring their offerings and providing personalized customer service. According to the 2023 Zendesk Customer Experience Trends Report, over 50% of customers will switch to a competitor …
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Mortgage rates increased slightly in April, with the average 30-year fixed-rate mortgage landing at 6.73%, according to Freddie Mac. An analysis from the National Association of Home Builders notes the rising rates followed a sell-off in U.S. Treasury securities, driven …
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Fatalities caused by falls from elevation continue to be the leading cause of death for construction employees, accounting for 421 of the 1,075 construction fatalities recorded in 2023 Bureau of Labor Statistics data. The Occupational Safety and Health Administration’s (OSHA) …
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