Lawn and garden product sales in the U.S. have grown 7% in the last 12 months, despite concerns about inflation and tariffs, according to YipitData, a strategic partner of the Home Improvement Research Institute (HIRI). HIRI attributes the growth to …
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Annual spending for home improvements and maintenance is expected to grow modestly through 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies (JCHS) of Harvard University. …
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According to data from Houzz, an online design trends platform, 88% of homeowners hire professionals to complete renovation projects in their homes. Houzz found the top factors homeowners look for when hiring contractors and designers to work on their homes. …
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Increased economic uncertainty due to tariff concerns and high building material costs has kept builder sentiment low, according to the National Association of Home Builders (NAHB) and the Wells Fargo Housing Market Index (HMI). “The recent dip in mortgage rates …
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Artisan Design Group (ADG) was recently sold to Lowe’s Companies for $1.325 billion by The Sterling Group, a private equity firm. ADG, a nationwide design, distribution and installation services provider based in Dallas, Texas, operates 132 distribution, design and service …
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For the next three years, Ace Hardware will be the Official Hardware and Home Improvement Retail Partner of Major League Baseball. “We’re excited to partner with Ace Hardware, another iconic American brand whose impact has been felt by consumers around …
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The National Retail Federation’s (NRF) CNBC/NRF Retail Monitor recently reported increased retail sales in March following two months of declines. Although sales grew, the gains were moderate due to concerns of rising tariffs. The U.S. Census Bureau’s Advance Monthly Sales …
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The Home Improvement Research Institute’s (HIRI) Recent Home Buyer tracking study details home purchasing and sales patterns over time and how those impact the home improvement industry. The study reveals some significant shifts the home buying sector saw in 2024. …
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