Affordability concerns and moderating home price appreciation are causing a slowdown in the remodeling sector, though spending is expected to remain historically high into the year ahead
Waning demand for home purchases means more projects for remodelers, but fulfilling a steady backlog of projects is proving to be a challenge amid inflated materials costs and labor shortages
Energy retrofits for existing homes are increasingly attainable, but their implementation relies on a fragmented and slightly antiquated remodeling sector
Shrinking supply and elevated costs posed challenges for investors flipping houses at the start of 2022
From quarantines to remote work, the pandemic ultimately pushed us closer to our immediate families, a welcome change, but also a clear indicator that no amount of living space is ever enough. These renovations offer a solution.
Some homeowners are delaying renovations for cheaper prices in 2022, but kitchen and bath companies are still seeing strong consumer activity