Millennials Lead U.S. Home Project Spending, Angi Reports

Reuters01-20

Millennials Lead U.S. Home Project Spending, Angi Reports

Angi Inc.’s 2025 State of Home Spending Report highlights Millennials as the leading force in home project spending, outpacing all other generations on a per-household basis. Despite entering homeownership later and contending with elevated mortgage rates, Millennials are choosing to renovate rather than relocate—74% cite mortgage rates as a reason for improving their current homes. The report notes that Millennials’ focus on design-forward updates, eco-friendly materials, and technology upgrades is reshaping the home improvement market. In 2025, U.S. homeowners spent an average of $12,472 on home projects, with increases in both maintenance and emergency repair spending. Millennials’ spending patterns and priorities are expected to continue influencing market trends in the home improvement industry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ANGI Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9628289-en) on January 20, 2026, and is solely responsible for the information contained therein.

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Despite entering homeownership later and contending with elevated mortgage rates, Millennials are choosing to renovate rather than relocate—74% cite mortgage rates as a reason for improving their current homes. The report notes that Millennials’ focus on design-forward updates, eco-friendly materials, and technology upgrades is reshaping the home improvement market. In 2025, U.S. homeowners spent an average of $12,472 on home projects, with increases in both maintenance and emergency repair spending. Millennials’ spending patterns and priorities are expected to continue influencing market trends in the home improvement industry.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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