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Tag Archives: HIRI

HIRI Predicts Deceleration of Home Improvement Spending Through 2024

deceleration home improvement spending

The Home Improvement Research Institute (HIRI), the nation’s leading resource for market research concerning the home and building products industry, has forecasted the current national inflation bulge will lead to a deceleration in home improvement spending. Growth in the total …

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Paint Insights From The Home Improvement Research Institute

In what seems to be a common refrain for many types of products and services involved in home remodeling and renovation, the paint product market has been overwhelmed with strong demand and supply constraints in the previous year. Early in …

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What Your Customers Want to See Under Their Feet

flooring

The Home Improvement Research Institute is predicting a decrease in flooring sales this year, but retailers can prepare for the downturn by staying up to date on what’s trending and stocking the flooring that customers are most likely to purchase. …

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Insights From The Home Improvement Research Institute

HIRI insights laying flooring

We at the Home Improvement Research Institute (HIRI) are routinely asked, “Where is the home improvement market headed?” The answer to this question has always been, “Well, it depends on which segment or category of the industry.” This question has …

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Customer Insights in Light of Product and Material Shortages

Trends - Consumer Insights

According to the Home Improvement Research Institute (HIRI), 59.2% of customers shop at the same store for home improvement products regardless of what products they are shopping for, but 73.8% will buy a product at another store before waiting on …

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How DIYers Are Handling Product Shortages

product shortages

The Home Improvement Research Institute (HIRI) recently partnered with The Farnsworth Group to track sentiments among homeowners in the midst of continuing supply chain issues, increasing prices and product shortages.  The survey included homeowners who choose to complete projects themselves …

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3 Home Improvement Takeaways From HIRI

HIRI takeaways

The Home Improvement Research Institute (HIRI) took a look back at the home improvement industry in the past year and shared its top three takeaways going into 2022. According to preliminary estimates, the home improvement industry grew 13 percent for …

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4 Home Improvement Trends from HIRI

HIRI trends

The Home Improvement Research Institute (HIRI) surveyed homeowners in the fourth quarter of 2021, asking what home improvement projects they were planning that quarter. The survey strives to better understand consumer project sentiment and the latest trends so home improvement …

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