home renovation

Pending home sales and housing starts are down. Meanwhile, mortgage rates hover above 6.5%.

Older homeowners are holding on to their larger houses or upsizing, reshaping the housing market for younger generations.

A new Harvard study shows that remodeling permit applications are flat, while sales of supplies like faucets and windows are down. One major issue is finding workers during an immigration crackdown.

U.S.-based companies like Whirlpool haven’t seen major sales gains, despite international competitors being hit by President Trump’s tariffs.

Rates on 30-year mortgages fell again this week to an average of 6.27%, according to Freddie Mac. That could boost consumer spending on home improvements in 2026, new research finds.

It’s the first time the home improvement retailer posted gains in two years. This is partly because homeowners are renovating instead of shopping for a new home.

The company says customers are deferring big renovation projects because of high interest rates and economic worries.

The price of lumber has plummeted since early in the pandemic, but other building materials are up 30% from 2019.

The home improvement company is buying SRS Distribution, a roofing, landscaping and pool construction supplier, for $18 billion.

It will need “a lot of TLC,” Candice Sides said about the 19th-century log cabin she bought to be her family’s eventual home.