# Why Home Renovation Spending Is Crashing Even as Home Prices Rise

Page: https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824/why-home-renovation-spending-is-crashing-even-as-home-prices-rise
Text version: https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824/why-home-renovation-spending-is-crashing-even-as-home-prices-rise.md
Podcast: [The Economic Forecast Podcast with Fexingo: Predictions, Outlooks, and What's Coming Next](https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824)
Published: 2026-07-23T11:15:25+00:00
Episode link: https://audio.fexingo.com/business/the-economic-forecast-podcast/episode-0128.mp3
Audio file: https://audio.fexingo.com/business/the-economic-forecast-podcast/episode-0128.mp3
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Duration seconds: 353

## Resource

New data from the Joint Center for Housing Studies shows spending on home improvements and repairs in the U.S. dropped 8.3% in the second quarter of 2026 compared to a year ago, the steepest decline since 2010. Lucas and Luna dig into why homeowners are pulling back on renovations despite record home equity—and what that signals about consumer confidence and the broader economy. They connect the dip to higher interest rates, lingering inflation on materials, and a shift in spending priorities post-pandemic. The episode also touches on how this affects employment in construction trades and what it means for GDP growth going forward. A focused, data-driven conversation that helps listeners understand a hidden weakness in the consumer sector. #HomeRenovation #HousingMarket #ConsumerSpending #InterestRates #Construction #HomeEquity #Remodeling #JointCenterForHousingStudies #GDP #Inflation #LaborMarket #RealEstate #Economy #Business #FexingoBusiness #BusinessPodcast #EconomicForecastPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo

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