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44 New Home Improvement and Renovation Statistics for 2022

Raleigh Realty

All that staring at the same walls has probably made many realize — it’s been a while since your home had a fresh coat of paint. If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. billion in the United States alone by the end of 2022.

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The Push for More Sustainable Homes

Will Springer Realtor

This has prompted many households to build or renovate a more sustainable home – to cut both their carbon footprint and bottom line. home builders reporting at least 61% of their projects as “green” rose from just under one-third in 2015 to 44% in 2022. The figures bear that out. The number of single-family U.S.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

off their 2022 high of 3.92% (the highest level since May 2019). The home remodeling industry is a $368B business, according to Harvard researchers , and is expected to reach $432B by the end of this year. homeowners plan to upgrade or remodel their homes, including 63% of Millennial homeowners (25-34 years old).

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Well, researchers at realtor.com went a little deeper to find out what those consumers are seeking when looking for a new home. THE ROI OF HOME RENOVATION. I am often asked by sellers what home projects should they address to get the highest return on investment. increase in single-family permits over 2019. >>

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