The Home Improvement Research Institute (HIRI) released the Quarterly Contractor Business Tracker Q2 2025 report, evaluating how macroeconomic trends affect contractors’ operations and strategic decision-making. The report noted a dip in market growth optimism, with only 55% of respondents anticipating …
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The American housing market is facing a persistent shortage with home prices reaching record highs as affordability has decreased, according to an analysis by the National Association of Home Builders’ (NAHB) Eye on Housing. New home construction has not kept …
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Houzz Inc. recently released the first-ever 2025 U.S. Houzz State of AI in Construction and Design Report, providing a comprehensive view into the industry’s reaction to the rapidly evolving AI landscape. The report surveyed over 700 construction and design professionals, …
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PPG Industries Inc. recently released its financial results for the second quarter of 2025. Net sales in Q2 decreased 1% year over year to $4.2 billion, primarily due to business divestitures. Net income decreased 9% from Q2 2024, down to …
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HIRI Cuts 2025 Home Improvement Growth Forecast The Home Improvement Research Institute (HIRI) revised its 2025 growth forecast downward to 3.4% from 5%, as the $574.3 billion home improvement market faces sustained economic headwinds, including rising costs, tariffs and housing …
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The Home Depot recently announced its 2025 Halloween collection, available to customers starting August 4, 2025. Skelly, a 12-foot, giant-sized skeleton is returning to the collection, along with interactive products, the new Gruesome Grounds collection and storage solutions like storage …
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Affordability challenges and economic uncertainty continue to influence the housing industry as many homebuyers held off on purchasing new homes in June, according to the National Association of Home Builders. Newly built single-family home sales rose slightly by 0.6% in …
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Tractor Supply Company recently released its financial results for the second quarter of 2025. Net sales for the company increased 4.5% in Q2, reaching $4.44 billion. This increase was primarily driven by new store openings and the growth in comparable …
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