Most of U.S. homeowners who renovated their home in 2022 financed the works with cash from their savings. Credit cards were the second most popular funding source, with 28 percent of respondents who had chosen this option.
Sources used to fund home renovations in the United States in 2022
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10
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About the region
10
- Premium Statistic Planned home improvement project from U.S. homeowners in 2018
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- Premium Statistic Completed home improvement projects by U.S. homeowners in 2019
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Other regions
9
- Premium Statistic Homeowners who planned to renovate their home in Canada 2015-2021
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- Premium Statistic Home repair and improvement in Italy 2018, by area of intervention
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- Premium Statistic Usage of recycled materials/ products for renovations at home in Denmark 2019
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Related statistics
10
- Premium Statistic Number of single family homes and condos flipped in the U.S. 2000-2023
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Further related statistics
6
- Most used HVAC brands in the U.S. 2018
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- Non-performing loan (NPL) ratio of China's listed banks 2008-2020
- Growth of inbound spending in the U.S. using foreign visa credit cards
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Houzz. (March 22, 2023). Sources used to fund home renovations in the United States in 2022 [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/857729/sources-used-to-fund-home-renovations-usa/
Houzz. "Sources used to fund home renovations in the United States in 2022." Chart. March 22, 2023. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/857729/sources-used-to-fund-home-renovations-usa/
Houzz. (2023). Sources used to fund home renovations in the United States in 2022. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/857729/sources-used-to-fund-home-renovations-usa/
Houzz. "Sources Used to Fund Home Renovations in The United States in 2022." Statista, Statista Inc., 22 Mar 2023, https://www.statista.com/statistics/857729/sources-used-to-fund-home-renovations-usa/
Houzz, Sources used to fund home renovations in the United States in 2022 Statista, https://www.statista.com/statistics/857729/sources-used-to-fund-home-renovations-usa/ (last visited May 04, 2024)
Sources used to fund home renovations in the United States in 2022 [Graph], Houzz, March 22, 2023. [Online]. Available: https://www.statista.com/statistics/857729/sources-used-to-fund-home-renovations-usa/