Press Releases

Aerial view of city and highways

Residential Remodeling in Top Metros to Accelerate in 2022

Projections for 2022 show a robust average annual growth in home improvement spending of 13.8 percent across all 48 major metropolitan areas tracked, with owner expenditures expected to grow between 7.6 percent and 23.0 percent.

Further Strengthening Expected for Home Remodeling

Annual gains in homeowner improvement and maintenance spending are set to accelerate in the second half of the year and remain elevated through mid-year 2022, according to our latest Leading Indicator of Remodeling Activity (LIRA).