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US remodeling market reached a record of US$567B in 2022; more than 1 in 5 improvement projects costing US$50,000 or more were paid for with home equity: JCHS
Published: March 27, 2023 by Harvard Joint Center for Housing Studies (JCHS)
Annual gains in US home improvement and maintenance spending projected to decline from 16.3% at the close of 2022 to 2.6% by year-end 2023; remodeling market size is projected at US$485B in 2023: JCHS
Published: January 23, 2023 by Harvard Joint Center for Housing Studies (JCHS)
Annual gains in US home improvement, maintenance spending to shrink from 16.1% in 2022 to 6.5% by Q3 2023; declining home sales, rising interest rates and costs of contractor labor and building materials pose headwinds to home improvement spending: JCHS
Published: October 20, 2022 by Harvard Joint Center for Housing Studies (JCHS)
Higher interest rates to cool US homebuying market, large number of apartments under construction to bring relief to rental market; high housing costs to continue affecting lower-income households as gas, food prices rise and government support ends: JCHS
Published: August 03, 2022 by Harvard Joint Center for Housing Studies (JCHS)
Annual gains in US home improvement and maintenance spending projected to decline from 17.4% in 2022 to 10.1% by Q2 2023; annual expenditures to expand to nearly US$450B in H1 2023: JCHS
Published: July 21, 2022 by Harvard Joint Center for Housing Studies (JCHS)

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