There are a whopping 44 million renter households in the U.S. and the number of renters has been steadily increasing since the mid-70s. What does the path to homeownership look like for renters?
This week's Home Retail Monitor dives into the mindset of Millennials renting homes and how rising rent and home prices have discouraged spending. Check out the snapshot or download the full report from this week's Home Retail Monitor:
To get additional insight into what this means for home improvement brands and retailers, read the entire study.