Study Shows Home Renovation Professionals Optimistic
Houzz released its Q1 Renovation Barometer, which tracks confidence in the home renovation market among industry professionals.
The Q1 Barometer posted strong quarter-over-quarter gains in market confidence for architects, general contractors and design-build firms (11% to 15%) and landscape/outdoor professionals (26%), with moderate gains for interior designers and building/renovation specialties (3% to 6%). Index scores of 71 or higher were posted across all company types, up from 61 or higher for Q4 2014. The positive sentiment among industry professionals is fueling continued optimism for Q2.