U.S. Home Improvement Spending Projected to Slow
Annual expenditures on home improvements, maintenance, and repairs are projected to maintain a downward trend until mid-2027, as indicated by the most recent Leading Indicator of Remodeling Activity (LIRA) from the Harvard University Joint Center for Housing Studies (JCHS). It is anticipated that the year-over-year (YoY) increase in renovation and repair expenditures will decelerate to…