Home Renovation Makes Pre-Recession Gains

Houzz.com | More than two-thirds of home renovation firms are reporting that 2015 year-to-date revenues and profits are at or above pre-recession levels. What’s more, one in five firms are reporting revenues and profits are significantly higher, according to the second quarter Houzz Renovation Barometer, which tracks confidence in the home renovation market among 5,000 industry professionals.

Landscape and outdoor specialty firms are notably the most positive about year-over-year gains, according to the barometer. Also, architects in the West and South are most confident in year-over-year improvements in the home renovation industry.

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