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Harvard: Home Remodeling Projected to Grow 1.2% in 2025

WFB Editors
Oct 21, 2024

The home remodeling market is projected to grow 1.2% through the third quarter of 2025, according to the latest Leading Indicator of Remodeling Activity by the Joint Center for Housing Studies at Harvard University.

The projected uptick is attributed to a boost in home equity levels and an increase in new home construction.

Annual spending for home improvements and maintenance is projected to grow from the current $472 billion to $477 billion through the third quarter of 2025.

Read the full report here.

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