Investor Presentaiton
Repair And Remodelling Statistics
U.S. Repair & Remodelling Expenditures
Remodelling Market Index
WFP
(US$ billions)
$250
$239
$237
$229
90
$217
$208
$218 $220
00
$195
$181
$171
$160
$169
$150
70
$142 $143
'12 '13 '14 '15 '16 '17 '18 '19 '20
Source: Forest Economic Advisors (November 2023)
20
50
60
Above 50
means majority
of survey
participants are
reporting better
activity than
prior quarter
30
'12
'21 '22 '23E 24E 25E '26E 27E
'13 '14 '15 '16 '17 '18 '19 '20 '21 '22
Source: National Association of Homebuilders; Future Market Indicators; based on a quarterly
survey of NAHB remodeler members that provides insight on current market conditions as well as
future indicators for the remodeling market
'23
Leading Indicator of Remodelling Activity
(US$ billions)
$470
$479
$406
$363
$323 $328
$265
$278 $280
$289
$250
$235
T
T
T
T
'12
'13
'14
'15
'16
'17
'18
'19
'20
'21
'22
'23E
Home Centres - Same Store Sales Growth
1%
0%
0%
-1%
-2%
-3%
-3%
°-3%
-4%
-8%
-3%-4%
-3%
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Source: Joint Center For Housing Studies of Harvard University; Home Improvement and Repair
Activity trailing 12 months; the Leading Indicator of Remodelling Activity (LIRA) provides a short-
term outlook of U.S. national home improvement and repair spending to owner-occupied homes
Home Depot
Source: Company reports; monthly values
Oct-23
0%
1%
||
-1%-2%-2%
-3%
-4%
-5%
-6%
-8%
-7%
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
Jun-23
May-23
Jul-23
Sep-23 00
Aug-23
Oct-23
Lowes
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