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Growth in spending on home improvements and repairs is expected to peak in 2022 with expenditures up 20% year-over-year.
Spending on residential remodeling is expected to grow 13.8% across the country’s 48 most populous metropolitan areas. | RealEstate.Boston.com
Led by renovations in certain southern and western U.S. cities, expenditures for improvements to the owner-occupied housing stock are expected to increase at a faster pace in most of the nation’s largest metropolitan areas this year, according to projections by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Led by renovations in certain southern and western U.S. cities, expenditures for improvements to the owner-occupied housing stock are expected to increase at a faster pace in most of the nation’s largest metropolitan areas this year, according to projections by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.