Summary
This document is a trends report focusing on home renovation, detailing influential trends and emerging ways of living that impact home design, construction, and remodeling. It highlights the growing desire for home improvement, driven by economic factors and changing homeowner expectations. The report notes a significant increase in home improvement spending, attributed to dissatisfaction with current living conditions and the aging housing stock. It outlines three key trends: smart home connectivity, emotional design, and the integration of design elements that promote well-being. The document discusses how homeowners are increasingly prioritizing renovations that cater to their personal needs rather than resale value. Additionally, it addresses the impact of climate change on homeownership and renovation decisions, emphasizing the importance of adapting homes to withstand extreme weather conditions. The report concludes with insights into the evolving expectations of homeowners regarding their living spaces.
