Home Improvement Red Hot; Obstacles Looming Ahead
Home Improvement expenditure growth to peak in Q3 of this year at 19.6%, and then decelerate to a 15.1% growth rate in Q1 2023.
Intel about housing, homes, furnishings and other related business categories.
Home Improvement expenditure growth to peak in Q3 of this year at 19.6%, and then decelerate to a 15.1% growth rate in Q1 2023.
The giant furnishings retailer saw net sales decline nearly $500 million during Q1 as new customer acquisition stalls
Today’s leading HVAC companies are meeting the challenges of new technology, labor shortages, and overall operational efficiency.
ESA on EHS | Home prices up 15%, sharp interest rate hikes, huge inflation and scant inventory all make for a stressed housing market.
ESA on EHS | The US housing market posted some ugly indicators in February, with near-record low inventory and huge price hikes (+15%).
Local furnishings retailers are outperforming expectations (+13.4% YoY), even in the face of highly-publicized supply chain issues.
ESA on EHS | US existing home sales decreased year-over-year in September. Prices continued upward. A staggering 86% of homes sold were on the market less than 1 month.
HVAC Contractors continue to pivot and innovate to meet the new demands and needs of a post-pandemic marketplace.
A renewed focus on the home during the pandemic has provided a prolonged resurgence in home improvement goods and services.
Not hampered by the pandemic as much as other industries, the roofing biz remains viable. Here’s what’s driving the business in 2021.
A lumber shortage is fueling more price concerns in the US housing market, already beset with inventory challenges.
The US housing market had some outsized metrics in 2020 and is showing signs of cooling . This will have delayed impacts on other industries.
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