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Renovation Industry Surpasses Pre-Recession Peak

Nov 6, 2015
2 min

Renovation Industry Surpasses Pre-Recession Peak

Last week, I attended the Remodeling Futures Conference at Harvard Joint Center for Housing Studies (JCHS). There, JCHS announced that the home renovation market size will have reached $326 billion by the end of 2015, based on data from U.S. Census Bureau, a whooping 1.5 billion above the 2007 pre-recession peak levels, as shown in the chart below. These market estimates support Q2 Houzz Renovation Barometer findings on the state of the industry as of July 2015. The Barometer

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Houzz & Home 2015 Survey: Renovation Considerations Vary by Age, Income

Jun 30, 2015
4 min

Houzz & Home 2015 Survey: Renovation Considerations Vary by Age, Income

I’m thrilled to share another research milestone at Houzz. We recently released the findings of the fourth annual Houzz & Home study, covering renovation, decorating and custom build activity. More than 260,000 homeowners and renters around the world shared information on projects they worked on in 2014 and their plans for 2015. The U.S. findings are summarized in this report. A new and exciting outcome of this year’s Houzz & Home study is the Houzz Renovation Considerations

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Home Renovation Pros Are Optimistic About Market Growth in Coming Months

Apr 23, 2015
2 min

Home Renovation Pros Are Optimistic About Market Growth in Coming Months

This week the housing market is making sense of the spring buying season’s early results: in March existing home sales reached their highest level in 18 months while new home sales plummeted. In contrast, the home renovation market continues its steady recovery, according to our latest Houzz Renovation Barometer. What does the Houzz Renovation Barometer show? Widespread confidence in business growth. Significantly more companies are reporting quarter-over-quarter gains than d

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