Year-over-year spending for home renovation and repair increased by 1.2% in the second quarter of 2026, according to the Joint Center for Housing Studies’ latest Leading Indicator of Remodeling Activity report.
Weakness in the current housing market is expected to have a dampening effect on home improvement spending, according to the LIRA report.
However, federal cuts to incentives for home energy improvements could spur an increase in remodeling activity in the short term, as homeowners seek to take advantage of programs before they disappear.
Read the full report here.
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