Homeowners are poised to continue spending more on home improvement and maintenance projects through mid-2022, a new report from Harvard University housing researchers says.

And a new survey from tool-maker DeWalt suggests the hot housing market could be to blame.

The Joint Center for Housing Studies’ newly-released Leading Indicator of Remodeling Activity, or LIRA, predicts that homeowners will spend 8.6 percent more on renovation and repair projects through the second quarter of next year.

While part of the uptick is being caused by elevated materials costs, it looks like the overall number of projects is up, too, JHCS researchers said.

“Home remodeling will likely grow at a faster pace given the ongoing strength of home sales, house price appreciation, and new residential construction activity,” JCHS Managing Director Chris Herbert said in a statement. “A significant rise in permits for home improvements also indicates that owners are continuing to invest in bigger discretionary and replacement projects.”

Annual expenditures on remodeling projects in owner-occupied homes are expected to grow past $380 billion nationwide, the researchers predict.

Part of the reason may be a continuation of a trend that first started to show up last year: Move-up buyers opting for renovations instead of buying a new home.

Connecticut-based toolmaker DeWalt, part of Stanley Black & Decker, commissioned Atomik Research to run an online survey of 2,516 homeowners in the United States, and found 52 percent of respondents are considering doing just that. The survey’s margin of error was plus or minus 3 percent.

“Many cities across the U.S. are experiencing a home renovation uptick, and as homeowners turn to professionals to complete more advanced projects, the rise in demand is revealing a critical need for more skilled talent,” Maria Ford, president of commercial construction at Stanley Black & Decker, said in a statement. “This commercial boom across the U.S. demonstrates how imperative it is to expand the skilled trade talent pool, particularly for electrical, plumbing, HVAC, welding, and other similar skills.”

The most common projects respondents contemplated were: bathroom remodels (42 percent) and kitchen remodels (40 percent), followed by bedroom remodels (28 percent), porch/patio/deck makeovers (21 percent) and landscaping projects (20 percent).