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Remodeling spending

Feature Remodeling outlook

Harvard's Joint Center projects homeowners will spend $527 billion on improvements and repairs in the year to September 2027, up 1.5%

Harvard's Joint Center projects U.S. homeowner improvement and repair spending of $527 billion in the year to September 2027, up 1.5%.

519.67 $ billions, September 2026 · +0.2% on the quarter · +2.1% on the year

Homeowner remodeling spending has stayed between $501 billion and $522 billion since late 2022

U.S. homeowner improvement and repair spending, four-quarter moving total, billions of dollars, not adjusted for inflation, by the last month of each quarter

Homeowner remodeling spending has stayed between $501 billion and $522 billion since late 2022Line chart with 47 points from March 2016 to September 2027, in $ billions. Series: Estimated spending, Projected spending. Values range from 277 to 527.2003004005006002016-032018-032020-032022-032024-032026-032027-09March 2016: 277.30June 2016: 278.11September 2016: 278.99December 2016: 279.69March 2017: 281.46June 2017: 283.95September 2017: 286.56December 2017: 288.70March 2018: 295.11June 2018: 304.11September 2018: 313.56December 2018: 321.30March 2019: 322.88June 2019: 325.11September 2019: 327.47December 2019: 329.39March 2020: 335.46June 2020: 344.00September 2020: 353.00December 2020: 360.35March 2021: 369.80June 2021: 383.07September 2021: 397.01December 2021: 408.42March 2022: 429.36June 2022: 459.00September 2022: 490.32December 2022: 515.87March 2023: 515.26June 2023: 514.59September 2023: 514.02December 2023: 513.49March 2024: 513.78June 2024: 503.53September 2024: 501.20December 2024: 503.88March 2025: 513.32June 2025: 509.50September 2025: 508.74December 2025: 512.28March 2026: 522.00June 2026: 518.42September 2026: 519.67September 2026: 519.67December 2026: 524.39March 2027: 524.56June 2027: 521.63September 2027: 527.45519.67Estimated spendingProjected spending
Homeowner remodeling spending has stayed between $501 billion and $522 billion since late 2022Line chart with 47 points from March 2016 to September 2027, in $ billions. Series: Estimated spending, Projected spending. Values range from 277 to 527.2003004005006002016-032021-122027-09March 2016: 277.30June 2016: 278.11September 2016: 278.99December 2016: 279.69March 2017: 281.46June 2017: 283.95September 2017: 286.56December 2017: 288.70March 2018: 295.11June 2018: 304.11September 2018: 313.56December 2018: 321.30March 2019: 322.88June 2019: 325.11September 2019: 327.47December 2019: 329.39March 2020: 335.46June 2020: 344.00September 2020: 353.00December 2020: 360.35March 2021: 369.80June 2021: 383.07September 2021: 397.01December 2021: 408.42March 2022: 429.36June 2022: 459.00September 2022: 490.32December 2022: 515.87March 2023: 515.26June 2023: 514.59September 2023: 514.02December 2023: 513.49March 2024: 513.78June 2024: 503.53September 2024: 501.20December 2024: 503.88March 2025: 513.32June 2025: 509.50September 2025: 508.74December 2025: 512.28March 2026: 522.00June 2026: 518.42September 2026: 519.67September 2026: 519.67December 2026: 524.39March 2027: 524.56June 2027: 521.63September 2027: 527.45519.67Estimated spendingProjected spending
Estimates since 2023 come from the LIRA model. October 2026 through September 2027 are projections. Source: jchs.harvard.edu
DateTrendCategoryTitleSummary
DataHarvard's Joint Center projects homeowners will spend $527 billion on improvements and repairs in the year to September 2027, up 1.5% FeatureHarvard's Joint Center projects U.S. homeowner improvement and repair spending of $527 billion in the year to September 2027, up 1.5%.