HomeRenovation

Australians Opt for Home Renovations Over New Constructions, Says KPMG

27 days ago

In a recent report released by KPMG, a notable shift in Australian homeowners' preferences has been identified. Rather than pursuing new home builds, many Australians are choosing to invest in renovations and upgrades to their existing properties. This trend comes amid a significant decline in the overall housing market, fueled by escalating interest rates, economic uncertainty, and rising construction costs.

Lowe's Boosts Sales Forecast Amidst Upturn in Housing Investments

1 month ago

Lowe's Companies, a prominent player in the home improvement retail market, recently announced an adjustment to its sales forecast, aligning with a noticeable recovery in housing expenditures. This update signifies a promising outlook for the retail giant as it prepares to capitalize on the uptick in home renovation and improvement spending.

Malibu's $300,000 Retrofit Reveals the Challenges of Wildfire Preparation

2 months ago

In an illuminating case study on the limits of wildfire preparedness, a Malibu home's recent retrofit costing $300,000 is raising eyebrows and concerns. This extensive renovation, implemented with the aim of enhancing wildfire resilience, underscores the multitude of challenges homeowners face in a region increasingly prone to catastrophic fires. As Malibu contends with its increasingly perilous environment, the effort might serve as both a valuable lesson and a cautionary tale for others in wildfire-prone areas.