Sources used to fund home renovations in the U.S. 2023

Published by Statista Research Department, May 8, 2024

Most of U.S. homeowners who renovated their home in 2023 financed the works with cash from their savings. Credit cards were the second most popular funding source, with 37 percent of respondents who had chosen this option.

Sources used to fund home renovations in the United States in 2023

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Release date

March 2024

Region

United States

Survey time period

January 19 to February 27, 2024

Number of respondents

32,615 respondents

Special properties

Homeowners

Method of interview

Email survey

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Overview

6

Leading retailers

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Indoor home improvement

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Outdoor home improvement

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Consumer expenditure

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Home improvement trends

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Further related statistics

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