More than half of homeowners renovated their homes in 2024(51%), and 3 in 5 completed decoration projects (60%). This is Ageing Homes Drive RenovationsWith 53% of renovating homeowners residing in homes builtin 1940 or earlier, repairs and system upgrades are a keyfocus. Nearly 2 in 5 homeowners undertook home repairsSavings Stay StrongThe majority of renovating homeowners continued to rely onsavings to fund their renovations (83%), followed by proceedsfrom a previous house sale (20%) and credit cards (13%). The More than 9 in 10 homeowners (94%) choose to work with apro in 2024. Speciality service providers such as electricians (59%) and plumbers (56%) were the most commonly hired.Notably, demand for cabinetry professionals rose by 8percentage points year over year to 27%, while hiring ofpainters, roofers, and architects also increased, each by 5 * Median spend is the midpoint level, meaning half of renovating homeowners on Houzz spent more and half spent less.** Generational categories follow Pew Research Center’s age ranges: Millennials (25-39), Gen Xers (40-54) and Baby Boomers (55-74). 2025 UK Houzz & Home Study | © Houzz Inc. What We Are Planning for 2025 What We Are Doing Chart and tables show the frequency of activities related to the primary home in 2022, 2023 and 2024 as well as the medianin Our Homes How We Are Funding Our Chart and table show the frequency of top five funding sources for home renovations, overall and by age, as reported byHome Renovations Why We Are Chart and tables show the frequency of top five reasons for starting renovations, overall and by age, as reported by homeownersRenovating Now What Renovation Challenges We Face Where We Focus Chart and tables show the frequency of most popular interior room renovations in 2022, 2023 and 2024, as well as 2024 upgradesOur Efforts homes. How We Plan Our Home Renovations engaged user community is able to provideunprecedented insights on the latest market trends based (n=1,025) and UK homeowners on Houzz who renovated share these insights with the community to give people homes, and to give home professionals greater insightsinto their clients’ wants and needs. Withthese goals inmind, Houzz conducted an online quantitative survey ofregistered Houzz users regarding trends in homeimprovement and design, fielded between 12th March,2025 and 14th April, 2025. The annual Houzz & HomeStudy is the largest survey of residential renovating,building and decorating activity conducted. This surveycovers every aspect of home renovation in 2024, fromCompleteness and QualificationsData was gathered via an email sent to registered Houzzusers. The link invited homeowners to tell us about theirhomes. Respondents were notified that aggregatefindings would be shared with the larger Houzzcommunity to help others in completing their ownrenovations. The final data was reviewed to ensure 2024 Renovating Homeowner Demographics Characteristics of Homes Renovated in 2024