More Than Half of Homeowners Doing Renovation Projects
Even as the new build market continues to lag, a new study shows that fixing up existing homes remains a strong business. More than half of US homeowners — 54 percent — are undertaking renovation projects, according to Houzz Inc. in its new 2026 Houzz & Home Study. The median spend was $20,000, the online newsletter […]
Housing Market Not Likely to Rebound Anytime Soon
It’s not getting worse but an analyst report sees housing being soft for the immediate future. “We anticipate ongoing pressure ahead, as interest rates remain somewhat elevated—restrictive monetary policy due to higher-than-expected inflation—and continue to weigh on affordability and borrowing, resulting in deferred home investment.” That’s the bottom line forecast from Telsey Advisory Group, the […]
NKBA Forecasting Moderate Revenue Gains for 2026
In its new Kitchen and Bath Market Index for the first quarter of 2026, the organization sees some positive signs for the business. Kitchen and bath companies are forecasting moderate revenue gains for 2026, with more projecting low-to-mid-single-digit growth averaging 3.6 percent, the organization said. Retailers are the most positive, forecasting a 6 percent increase, […]
Do Trees Grow in New York City? Yes, Says a New Plan
A new “urban forest” plan for New York City was just unveiled by the Mayor’s Office of Climate and Environmental Justice (MOCEJ). The new plan, created by architectural and design firm WXY, is designed to keep temperatures in the city from rising as global warming spreads but also to counteract historic inequities in lower-income neighborhoods. […]
Home Depot Makes Warehouse System Acquisition
The big home improvement retailer announced it was buying Simpl Automation to strengthen its distribution efficiency. The deal follows a test Depot did with Simpl in its Locust Grove, GA distribution center, which it said resulted in faster pick speeds and cycle times, with fewer product touches. Terms of the deal were not disclosed. Home […]