The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 62. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as …
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Even in Economic Uncertainty, Renovation Demand Remains Resilient
Houzz released findings from its 2026 U.S. Houzz Renovation Plans Report, revealing that renovation demand remains resilient despite ongoing economic uncertainty. Around 91% of homeowners say they will move forward with a planned renovation in 2026. Of those who plan …
Read More »Remodeling Firms Now Dominate Residential Construction Establishments
Remodeling has taken over a significant portion of the residential construction market, with most U.S. households unable to afford new construction. The number of remodeling establishments has nearly doubled in the last 25 years and remodelers now represent over half …
Read More »Modest Growth in Home Improvement Spending Expected Through 2026
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. …
Read More »Remodeling Sentiment Down in Q1 2025
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q1 2025, posting a reading of 63, down five points compared to the previous Q1 2025. Although 63 is still positive, this is the …
Read More »Harvard Joint Center for Housing Studies Releases 2025 Housing Report
The Harvard Joint Center for Housing Studies released its Improving America’s Housing 2025 report which found the remodeling market has been supported by the aging of homes and households and record-high property values. “Given the strong foundation and growing needs, residential remodeling …
Read More »Houzz Renovation Barometer Shows Slow Q3 in 2024, Expected Increase in Q4
With home remodeling at an all-time high, homeowners should be aware of construction, architect and designer firm activity and wait times. According to the 2024 Q4 Houzz Renovation Barometer, expectation for project inquiries increased by 7 points in the fourth …
Read More »Houzz Report Reveals Homeowners are Renovating for the Long Term
Houzz, the leading platform for home remodeling and design, released its 2023 Houzz & Home Study, which shares key insights from homeowners into the renovation market and homeowner motivations and needs when it comes to renovations. The report included more …
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