Close behind, 23% of surveyed homeowners had been pushed by the aim of making their homes better suited to their lifestyle needs. These information factors present that the pandemic modified our motivations for tackling home improvement work. Although many pre-pandemic actions resumed in 2023, the pre-pandemic motives for upgrading and fixing our homes didn’t. Rising mortgage interest rates influenced how people considered and took on home improvement initiatives this year. This yr, 40% of homeowners mentioned they accomplished more home improvement work because of rising interest rates making shifting or discovering a brand new home less feasible.
Andrew Blok has…