Jan 13th, 2026

Inside the Home Renovation Boom

The home services sector is booming — already worth nearly $700 billion and on track to top $1.4 trillion by the end of the decade according to the market research firm Mordor Intelligence. As the Trump administration ramps up efforts to lower housing costs, high prices are still pushing many buyers toward fixer-uppers, while an aging population is driving demand for home modifications. Andy Bell, CEO of Ace Handyman Services, joined Bloomberg Open Interest to talk about how homeowners are renovating and spending.