Hardware Retailing The Industry's Source for Insights and Information
When it comes to what impacted home improvement spending in the last year, the Home Improvement Research Institute’s (HIRI) American Housing Survey 2025 found that factors like the age of a home and its current value drive spend. Homeowners of homes built in 2010 or later spent around $1,100 less on average than homes built before 2010. Homeowners with homes worth less than $150,000 are spending more on home improvement, between 6% and 7% of their home’s value. The study also explored how spending breaks down by type of home improvement project, with interior and exterior projects accounting for 58% of all home improvement spend.
