Harvard Joint Center for Housing Studies
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March 23, 2023
Sparked by pandemic-induced changes in household routines and use of living space, home improvement and repair spending soared to new heights in 2022, reaching an estimated $…
Harvard Joint Center for Housing Studies
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March 25, 2021
While the US economy shrank by 3.5 percent in 2020, spending on home improvements and repairs grew more than 3 percent, to nearly $420 billion, as people modified living…
Harvard Joint Center for Housing Studies
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March 12, 2019
The U.S. market for home improvement and repair is now well over $400 billion annually as the housing stock faces pressure to meet the nation's growing and changing housing…
Harvard Joint Center for Housing Studies
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February 27, 2017
Rising house prices and incomes, an aging housing stock, and a pickup in household growth are all contributing to today’s strong home improvement market. Demand is robust in…
Harvard Joint Center for Housing Studies
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January 23, 2013
After languishing for several years, the U.S. remodeling industry appears to be pulling out of its downturn, and a renewal of the nation’s housing stock is underway. The…
Harvard Joint Center for Housing Studies
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January 13, 2011
Slowly but surely, the US home improvement industry is emerging from its worst downturn since the government began tracking spending in the early 1960s. Homeowners who…