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Research Finds More Push on Home Improvement Spending

home remodellingIn a recent study from the Joint Center for Housing Studies of Harvard University, the “home improvement industry is on a roll“. Researchers have surprisingly learned that more homeowners are planning, or are ready, to splurge more on home improvement projects this year.

Spending on discretionary home improvements rose by almost $6 billion ¬†between 2011 and 2013, the first increase since 2007.”

Researchers have also found that homeowners of the millennial generation are more apt to lean on energy-efficiency makeovers within their properties and baby boomers are more likely to retrofit their homes.

Read the article: The Home Improvement Sector Is on a Roll | The Fiscal Times