Homeowner Remodeling Expected to Decline by 2.8% Through Q1 '24
Cambridge, MA, April 20, 2023—After more than a decade of continuous growth, annual spending on improvements and repairs to owner-occupied homes is expected to decline by early next year, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.