Residential News » Washington D.C. Edition | By WPJ Staff | May 2, 2024 8:37 AM ET
Based on the National Association of Home Builders newly released Remodelers Survey, results revealed that bathroom and kitchen remodels remain the most popular projects in 2024.
"Whatever type of home improvement project consumers are looking for, NAHB Remodelers remain committed to professionalism and helping homeowners create the home of their dreams," said NAHB Remodelers Chair Mike Pressgrove.
Bathroom remodels were cited as the most common job by 65% of remodelers, followed by kitchen remodels (61%). After baths and kitchens, the most popular remodeling categories were:
"There are many positive factors right now in the marketplace that are helping to support remodeling demand, including the low inventory of homes on the market, aging housing stock and growing equity that owners have in their homes," said Pressgrove. "Residential remodeling activity is estimated to hold steady in 2024 compared to 2023."