Closets & home organization: Industry trends & projections
Year-over-year growth in remodeling and repair spending is expected to shrink from 16.1% in 2022 to 6.5% by the third quarter of 2023, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Housing and remodeling markets are undoubtedly slowing from …
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