Over the last year, construction and remodeling prices increased, the shortage of skilled labor remained and consumers pivoted their spending to the home. But what did the unexpected impact of ...
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How Did Remodeling Prices Change in 2020? The True Cost Report is Back
As the 2021 remodeling season gets underway, we’re relaunching our True Cost Report from years past, with a specific focus on 1) What common projects cost, 2) what causes total cost to rise or fall 3) ...
Do We Need A Permanent Shift in Service Employment?
Employment in January grew by a disappointing 49,000 new jobs to a total of 142.6 million. Average monthly job growth absent a global pandemic would typically be 300-400% higher and average job ...
The Recovery Stalls, But Not For Housing
December was a disappointment for job growth across the economy with total payrolls dropping for the first time since the start of payroll employment recovery in May. The 1% job loss means the ...
2020 State of Home Spending: The Year of the Home
Key Takeaways HomeAdvisor’s new 2020 State of Home Spending report is now availableSpending increased across the board for improvement, maintenance, and repair driven in part by rising labor and ...
The Skilled Trades in America: New Insights & Research
Today our research team released Skilled Trades in America, a report that examines America’s home service professionals and identifies the ways in which the industry can strengthen, grow, and ...
What 2020 New Home Construction Could Tell Us About the 2021 Remodeling Season
Key Takeaways New home construction took a hit in April, with starts falling 30%.New home permits and new home starts lead new home completions by 6-12 months, which will potentially boost ...
Data Suggests Lower Income Households Prioritize Spending on Home Maintenance
Household spending on remodeling and maintenance expenditures changes as household income increases.Across all household income levels, maintenance spending increases by $2.29 for every additional ...
Home Services is a $500 Billion Dollar Industry
This year we conducted a deep dive into the home service market to develop our own estimate of the total market size, distinguish the home services market from home sales and new home construction, ...
Mapping The Drivers of Home Service Spending: Demographics
2020 marks the once in a decade arrival of the Census, where every individual in the United states is tallied by the U.S. Census Bureau. Capturing these demographic attributes of the population is ...