As high home prices and mortgage rates force many homeowners to stay put rather than trade-ups, a whopping 90% of homeowners are looking to make their existing living space more comfortable this year, according to a new survey.
But as inflation continues to drive up material costs, many are turning to DIY projects to save money.
For example, while the consumer-price index, a measure of inflation, moderated to 6.4% in January from a year earlier, the cost of floor coverings rose 13.1%, and the prices of tools, hardware and supplies went up by 11.8 %, according to data released earlier