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Coronavirus quarantines made Americans want to spend on home improvement

Charlene M. Brown

As Americans sheltered in place this summer, home improvement retailers like Lowe’s Companies (LOW) and Sherwin-Williams (SHW) boasted lucrative summer sales. 

Americans splurged on home improvement during the pandemic because they “finally have the time” and are “adapting to a new lifestyle under COVID,” according to a survey of over 1,000 U.S. homeowners from July 7-9 by Porch, a Seattle-based home improvement website. 

“Who amongst us hasn’t sat around their home during this period and thought about how they could make it better? This is almost a universal experience at the moment,” HomeAdvisor and Angie’s

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Canadians spent $80 billion on their homes in 2019

Charlene M. Brown
(Getty)
(Getty)

Canadians spent an estimated $80 billion on renovations in 2019, and plan to take a bit of breather this year because of COVID-19.

According to a new report from real estate services and software company Altus Group, renovation spending grew 2.6 per cent last year, which was a faster pace than the broad economy at 1.7 per cent.

Three out of four renovation dollars were spent on upgrades versus necessary repairs. At $61.2 billion, spending on upgrades alone was about the same as new home construction.

Altus Group estimates at least $14 billion spent on renovations was borrowed. Secured

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Press Release On Seoneedthis.info

Charlene M. Brown

Malang 9 August 2020

Seoneedthis.info is a place to learn Search Engine and does not sell and buy SEO services.

Ifan Azwar Anas is an SEO Artist as well as the owner of Godsseo, Goyizseo, and seoneedthis.info. With the increasing number of internet users in Indonesia, search engines’ role will be even more significant in the business world.

Many SEO services offer services in the field of SEO, but it is apparent that Seoneedthis.info is only a place to learn search engines without trading any services.

The education provided at Seoneedthis.info is about all activities related to search engines, … Read More