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1、HOUZZ UK2025 Houzz&Home UK2025 UK Houzz&Home Study|Houzz Inc.2Renovation Activity Continues More than half of homeowners renovated their homes in 2024(51%),and 3 in 5 completed decoration projects(60%).This is set to continue into 2025,with more than half of the surveyed renovating homeowners planni

2、ng to decorate(60%)and almost half planning to renovate(49%)this year,both figures similar to those cited last year(59%and 49%in 2023).Ageing Homes Drive Renovations With 53%of renovating homeowners residing in homes built in 1940 or earlier,repairs and system upgrades are a key focus.Nearly 2 in 5

3、homeowners undertook home repairs(39%)in 2024.Of those who renovated,more than 2 in 5 homeowners upgraded heating systems,closely followed by plumbing and electrical(43%,42%and 39%,respectively).Pro Hiring Remains Widespread More than 9 in 10 homeowners(94%)choose to work with a pro in 2024.Speciali

4、ty service providers such as electricians(59%)and plumbers(56%)were the most commonly hired.Notably,demand for cabinetry professionals rose by 8 percentage points year over year to 27%,while hiring of painters,roofers,and architects also increased,each by 5 percentage points(41%,31%,and 25%,respecti

5、vely).Long-term Commitment to Our Homes Renovating homeowners are committed to living in their homes long-term,with 3 in 5 planning to stay put for at least 11 years following their project(61%).Pent-up demand continues to be the strongest motivator for home upgrades,with renovating homeowners repor

6、ting they finally have the financial means and time to pursue a renovation(36%and 33%,respectively).Savings Stay Strong The majority of renovating homeowners continued to rely on savings to fund their renovations(83%),followed by proceeds from a previous house sale(20%)and credit cards(13%).The use