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What Houzz contributors are saying:
Erin Carlyle added this to Data Watch: Renovation Spending Up for Younger, First-Time Buyers
Millennial spending is up. Homeowners spent an average of $60,400 on their renovations in 2016, close to their average spend of $59,800 in 2015, the Houzz survey found. Notably, millennial homeowners (defined here as those ages 25 to 34) invested 7 percent more in their home in 2016 compared with 2015, bringing their average spending level to $26,200.