Real Estate & Home

Remodeling Spending Expected To Slow Sharply as Homeowners Remain Wary of Economy

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Spending on home improvement and repair is projected to slow sharply early next year, with growth rates dropping to just 0.5% by the first quarter of 2027 due to economic uncertainty and rising costs. This trend impacts developers and contractors as consumer confidence remains low, leading to reduced investment in large-scale remodeling projects.

Read the full article at Realtor.com Blog

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