The total home remodeling market spending in the United States was forecast to reach to around 433 billion U.S. dollars in 2021, of which the largest part, approximately 281 billion U.S. dollars, were to come from homeowner improvements. Rental maintenance was expected to amount to the smallest share of the market, with a total of 23 billion U.S. dollars.
Home remodeling market expenditure in the United States from 2010 to 2021, by type of spending
(in billion U.S. dollars)
* Estimated.
** Forecast.
The report states as follows, with regards to sources: "Estimated and forecasted values are modeled using the 2020:Q4 Leading Indicator of Remodeling Activity (LIRA)."
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Joint Center for Housing Studies. (March 25, 2021). Home remodeling market expenditure in the United States from 2010 to 2021, by type of spending (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1284198/united-states-home-remodeling-market-spending-by-type-of-spending/
Joint Center for Housing Studies. "Home remodeling market expenditure in the United States from 2010 to 2021, by type of spending (in billion U.S. dollars)." Chart. March 25, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1284198/united-states-home-remodeling-market-spending-by-type-of-spending/
Joint Center for Housing Studies. (2021). Home remodeling market expenditure in the United States from 2010 to 2021, by type of spending (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1284198/united-states-home-remodeling-market-spending-by-type-of-spending/
Joint Center for Housing Studies. "Home Remodeling Market Expenditure in The United States from 2010 to 2021, by Type of Spending (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1284198/united-states-home-remodeling-market-spending-by-type-of-spending/
Joint Center for Housing Studies, Home remodeling market expenditure in the United States from 2010 to 2021, by type of spending (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1284198/united-states-home-remodeling-market-spending-by-type-of-spending/ (last visited November 22, 2024)
Home remodeling market expenditure in the United States from 2010 to 2021, by type of spending (in billion U.S. dollars) [Graph], Joint Center for Housing Studies, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1284198/united-states-home-remodeling-market-spending-by-type-of-spending/
