Home improvement continue to be top of mind for homeowners, but financial pressures are influencing how they are prioritizing which projects to complete, and how much to spend on each project in 2023.
May 2023 data from HIRI’s Home Improvement Quarterly Project Tracker and Homeowner Home Improvement Monthly Tracker tell the story of which kinds of projects are shrinking and expanding in importance to homeowners.
Here’s what homeowners are reporting:
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HIRI members gain access to the raw data behind infographics like this one, to slice-and-dice the raw data to suit the needs of their own customer insights teams and answer cross-departmental questions about how to take home improvement products to market.
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