US Homeowners Double Down on Home Improvement Spending in 2023
Angi Inc.
Angi’s annual “State of Home Spending” report shows increased spending on home improvement projects in 2023
Overall spend on home improvement grows 6% to $13,667 and an average of 11.1 projects per household in 2023
Rising mortgage rates were a driver of home improvement spending: 40% of homeowners said they spent more on home projects as opposed to moving due to high interest rates
DENVER, Dec. 07, 2023 (GLOBE NEWSWIRE) — Angia leading and comprehensive solution for improving and maintaining homes, today released its 2023 State of Home Spending report which found that homeowners, despite a year of…