Inside the Home Renovation Boom

Market Intelligence Analysis

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Why This Matters

The home services sector is experiencing a boom, with a projected growth to $1.4 trillion by the end of the decade, driven by demand for home renovations and modifications.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The home services sector is booming — already worth nearly $700 billion and on track to top $1.4 trillion by the end of the decade. As the Trump administration ramps up efforts to lower housing costs, high prices are still pushing many buyers toward fixer-uppers, while an aging population is driving demand for home modifications. Andy Bell, CEO of Ace Handyman Services, joined Bloomberg Open Interest to talk about how homeowners are renovating and spending. (Source: Bloomberg)

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Original article published by Bloomberg on January 13, 2026.
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