The Leading Indicator of Remodeling Activity (LIRA) predicts remodeling and repair spending will hold steady at a projected $527 billion through the end of the third quarter of 2027, according to the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling and repair spending in the third quarter of 2026 rose 2.2% from Q3 2025 to $520 billion.
The LIRA, published quarterly, provides a short-term outlook on U.S. home improvement and repair spending for owner-occupied homes. The report is designed to project an annual rate of change in expenditures for the current and subsequent four quarters. See Harvard’s Joint Center for Housing Studies