Infographic: Life Stages and Home Improvement

HI Life Stages Header NMNewsletter

The level of home improvement activity varies by life stage. Home improvement projects have been delayed for millennials who are entering marriage and homebuying later in life than their parents. However, the oldest millennials are now in their 30s and making moves. Now the largest generation, millennials are undertaking more home improvement projects today than they were two years ago, beating out their older counterparts by at least 19 percent.

But one thing millennials have in common with Generation X is the weight they place on self-expression. After moving out of the adolescent phase, they tend to let their independence and self-expression influence their decisions. This importance of self-expression can explain why almost 80 percent of people believe their home is a reflection of who they are, and 83 percent of recent homebuyers make improvements to their new home.

In this infographic, the Home Improvement Research Insitute (HIRI) breaks down the major life stages and what they mean for home improvement.

HI Life Stages NMNewsletter Infographic

Share this post:

Comments on "Infographic: Life Stages and Home Improvement"

Comments 0-5 of 0

Please login to comment