Latest News

  • Houzz Inc. released the Q1 2019 Houzz Renovation Barometer, which tracks residential renovation market expectations, project backlogs and recent activity among businesses in the construction sector and the architectural and design services sector. The Barometer points to mixed expectations for home renovation market activity in the first quarter of the year.   “Current Barometer... more »
  • U.S. homeowners who leveraged secured financing to pay for renovations in 2017 were able to take on larger home improvement projects, with nearly three times the median spend of those who paid for renovations with cash-only ($32,000 versus $13,000), according to a study released today by Houzz Inc., in collaboration with Bank of America. The study explored the role of secured financing in U.S.... more »
  • Modernize released its latest Modernize Homeowner Index, a quarterly research study that measures sentiment among over 2,500 U.S. homeowners, designed to help home improvement professionals better serve the market. This new study focuses on how homeowners educate themselves about the home improvement projects they are interested in, how they find and choose contractors to work with, and how they... more »
  • Residential building in October increased two percent to $321.7 billion (annual rate), according to Dodge Data & Analytics. Despite the overall increase, single-family housing decreased four percent for the same period. Analysts cited affordability as a continuing market depressant. Single-family building eased in all major geographic regions, except for a four percent bump in the South... more »
  • One-third of homeowners used a credit card to pay for home renovations in 2017, according to a study released by Houzz Inc. in collaboration with Synchrony. Consumers charged $141 billion in home improvement product and service purchases to their credit cards in 2017, a 69 percent increase from 2011 ($84 billion).  Significantly, half of renovating homeowners used cash and no other form of... more »
  • Source for graph: NAHB The National Association of Home Builders’ Remodeling Market Index posted a reading of 58 in the third quarter of 2018, remaining stable from the previous quarter. The RMI has been consistently above 50 since the second quarter of 2013. A reading above 50 indicates that more remodelers report market activity is higher compared to the prior quarter than report it is... more »
  • Houzz Inc. released the Q4 2018 Houzz Renovation Barometer, which tracks residential renovation market expectations, project backlogs and recent activity among businesses in the construction sector and the architectural and design services sector. The Barometer points to a strong outlook for the home renovation market in the last quarter of the year. “Home renovation professionals... more »
  • A growing economy and positive momentum in the housing market are fueling optimism in the residential building products market, according to the Building Products Insider, an industry report released by Brown Gibbons Lang & Company. The report fins that strategic merger and acquisitions activity remains high and is broad-based, with buyers aggressively pursuing acquisitive growth to increase... more »
  • U.S. demand for residential windows and doors is forecast to rise 3.7 percent annually to $24.4 billion in 2022, according to the report, Residential Windows and Doors, by Research and Markets. Sales will rise on new housing construction activity, increased spending on remodeling projects, and growing demand for high-value, more aesthetically pleasing windows and doors sold at higher price... more »
  • According to newly released data from the U.S. Department of Housing and Urban Development and the Department of Commerce, total housing starts moved up 0.9 percent in July to a seasonally adjusted annual rate of 1.17 million units. The July reading of 1.17 million is the number of housing units builders would begin if they kept this pace for the next 12 months. Within this overall number, single... more »