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Homeowner Project Planning Lags Again, but Change Could Be Around the Corner

Wednesday, October 18, 2017   (0 Comments)
Posted by: Pam Heidel

 

After a second quarter drop in homeowner project planning, the third quarter of 2017 followed suit. Though normally a strong project planning season, this quarter is the lowest of the year to date. The lag is partly due to odd weather patterns, such as unusually significant rainfall, that have impacted homeowner projects. Exterior painting and exterior door and roof projects also experienced a major drop. Meanwhile, lawn, garden and landscape projects remained the top projects across the nation.

 

These findings are based on interviews with about 3,000 homeowners. Of those, 68 percent plan to undertake one or more home improvement projects within the next three months, down 5.6 percent from this time last year.

 

HIRI members receive full access to the 2017 HIRI Sentiment Tracking Study and learn what projects homeowners are planning across different regions and varying demographic comparisons. Learn how you can join this exclusive membership organization and gain access to the leading research in the home improvement market. JOIN HIRI


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