In April, home improvement sales grew 33 percent from the year prior, fueled by continued DIY momentum. New data from the Home Improvement Research Institute (HIRI) reveals what projects DIYers are completing and what’s motivating them to tackle these home …
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Home Depot, Lowe’s Announce Q1 2021 Sales Results
A new article from The Wall Street Journal explores the heights home improvement has reached since the start of the COVID-19 pandemic. Both Home Depot and Lowe’s posted their second-highest sales figures since the start of 2020, demonstrating ongoing home …
Read More »Understanding New DIY Shopping Preferences
Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …
Read More »3 DIY Trends Shaping the Market
More than one year into the COVID-19 pandemic, homeowners have adopted new views and priorities for their living spaces. The Home Improvement Research Institute (HIRI) and market research firm the Caney Group recently interviewed 20 homeowners to learn specifically which …
Read More »Products for Major Projects
Building material spending is expected to boom in 2021 with single-family housing starts and home renovations catching up after delays caused by the pandemic in 2020. There is nothing like extra time at home to make homeowners rethink how their …
Read More »Uncovering 2020’s Most Popular DIY Projects
Last year was unquestionably a year of sales momentum for independent home improvement retailers. New insight from Home Innovation Research Labs pinpoints specifically which projects grew in popularity from 2019 to 2020 as millions of North American families spent more …
Read More »New Data Projects Home Improvement Momentum
The DIY momentum seen in 2020 may have staying power in 2021, according to new market data exploring the home improvement market size, existing home sales and overall recent home improvement retail sales. DIY Market Expands More home improvement shoppers …
Read More »HIRI Data Highlights Popular Home Improvements
The Home Improvement Research Institute (HIRI) has revealed new insights into what’s motivating customers’ home care and maintenance spending. The 2020 HIRI Product Purchase Track Survey is now available to HIRI members. The information sheds light on home improvement product …
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