Changes in Homeowners' Planned Home Improvement Project Spend for Q2 of 2023 [INFOGRAPHIC]

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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Mem­bers have access to the full reports and raw data sets used to com­pile the infor­ma­tion in this info­graph­ic includ­ing the

1. Home­own­er Home Improve­ment Month­ly Track­er (as of May 2023)
2. Home Improve­ment Quar­ter­ly Project Track­er (as of May 2023)

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.

Join the ranks of the top man­u­fac­tur­ers and retail­ers in the home improve­ment space. Book your mem­ber­ship con­sul­ta­tion to learn more about what kinds of mem­ber-exclu­­sive infor­ma­tion your team would have access to.