Remodeling companies now represent 56% of all residential building construction businesses, according to the National Association of Home Builders’ analysis of data from the Quarterly Census of Employment and Wages. The number nearly doubled from fewer than 69,000 firms in 2000 to more than 128,000 in 2025.
Additionally, the NAHB/Westlake Royal Remodeling Market Index reported readings above the break-even point of 50 for 24 consecutive months, indicating that more remodelers view remodeling market conditions as good than poor.
“The remodeling market has many structural tailwinds that are contributing to the overall growth of our industry,” NAHB Remodelers Chair Elliott Pike said. “With an aging housing stock, the persistent mortgage rate lock-in effect and the trend for older home owners to age-in-place, the remodeling market is positioned for continued growth.”
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