The median price for a new single-family home sold in the first quarter of 2025 was $416,900, $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors (NAR) data. Traditionally, new …
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With higher mortgage prices and a tight housing market, many are choosing to rent homes rather than purchase. According to the Home Improvement Research Institute’s Renter’s Home Improvement Activity 2024 study, renters prioritize affordable, DIY and high-impact upgrades, like kitchen …
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With spring rolling in and weather fluctuating month by month, product demand also fluctuates with the temperature and seasons. According to research conducted by the National Retail Federation (NRF) and Planalytics, warm temperatures in March drove demand for home improvement …
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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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As the weather gets warmer, more homeowners will be looking to spruce up and prepare their yards and outdoor spaces for the summer months. Hardware Retailing suggests these four electric outdoor power tools your customers will want for springtime landscaping. Mower …
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Stylish and practical mudrooms are trending for homeowners looking to come home to an inviting entryway with smart storage solutions. According to Houzz, efficient storage for coats, boots and other gear, as well as eye-catching decor piece, are the main …
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According to data from the Home Improvement Research Institute, homebuyers in 2024 focused on renovating and upgrading the kitchens, bathrooms and floors of the homes they recently moved into. Hardware Retailing recommends these five products to cater to the growing …
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Younger generations, particularly Millennials and Generation Z, are driving the demand for pet foods that mirror human health trends. Since 2021, fresh dog food sales have surged 86% and fresh cat food sales have risen by 54%, according to data …
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