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Remodeling Soars to New Heights, but Industry Struggles to Address Labor Shortages and Urgent Needs for Energy Efficiency and Disaster Resilience
Improving America's Housing 2025

Remodeling Soars to New Heights, but Industry Struggles to Address Labor Shortages and Urgent Needs for Energy Efficiency and Disaster Resilience

The US remodeling market soared above $600 billion in the wake of the pandemic and, despite recent softening, remains 50 percent above pre-pandemic levels. However, industry fragmentation, inflation, and a shortage of skilled trade labor jeopardize the ability of the industry to fully meet demand.
Modest Gains in 2025 Outlook for Home Remodeling
Contractor measuring kitchen counters for a remodeling project

Modest Gains in 2025 Outlook for Home Remodeling

After two years of decline, annual expenditures for improvements and maintenance to owner-occupied homes are expected to grow at a mild pace throughout 2025.
A Turn to Growth Expected for Residential Remodeling
House being remodeled

A Turn to Growth Expected for Residential Remodeling

After a mild pullback over the previous year, spending for improvements and repairs on owner-occupied homes is set to expand once again by the middle of next year.
Announcing the 2024 Meyer Dissertation Fellows
2024 Meyer Fellows

Announcing the 2024 Meyer Dissertation Fellows

Three Harvard doctoral students have been named 2024 John R. Meyer Dissertation Fellows by the Harvard Joint Center for Housing Studies.
Continued Easing of Remodeling Declines Expected into 2025
Man using a hammer outdoors

Continued Easing of Remodeling Declines Expected into 2025

Annual expenditures for improvements and repairs to owner-occupied homes are projected to decrease this year and into the first quarter of 2025, but at a moderating rate.
New Report Shows Rent Is Unaffordable for Half of Renters as Cost Burdens Surge to Record Levels
America's Rental Housing 2024

New Report Shows Rent Is Unaffordable for Half of Renters as Cost Burdens Surge to Record Levels

Climbing rents have propelled cost burdens to staggering new heights: in 2022, half of all US renters were cost burdened. The number of renter households spending more than 30 percent of their income on rent and utilities rose by 2 million in just three years to a record high of 22.4 million.