Due to pandemic restrictions, the DIY market for home improvements experienced significant growth in 2013. We believe home improvements stocks will grow as the pandemic restrictions have been lifted and the economy recovers to normal. Home Depot Tile Shop Holdings and (NASDAQ:), should both be benefited. Which stock is better? Read more to find out.The Home Depot, Inc. (HD), which is based in Atlanta, Ga., operates as a home improvement retailer, selling various building materials, home improvement products, lawn and garden products, and décor products. This is the largest home improvement business in the world. Tile Shop Holdings, Inc., on the other hand, is a specialty retailer for natural and synthetic tile, set and maintenance materials, and accessories. TTSH’s headquarters are in Plymouth, Minn.

The home-improvement industry saw a strong year last year due to DIY projects. The Home Improvement Research Institute expects the industry’s growth to continue as contractor-led projects and projects once on hold resume. In 2021 the total market for building products is expected to increase by 13%, with the consumer market increasing by 10.8% and professional markets growing by 18.2%. The Remodeling Futures Program of Harvard University’s Joint Center for Housing Studies projects that annual improvements and repairs will grow by 9% in the current quarter. This pace is expected to continue into 2022. The increase in home renovation and remodeling trends will benefit both HD as well as TTSH.

TTSH’s stock has gained 23.7% in price over the past six months, while HD has returned 8.7%. In terms of the past year’s performance, TTSH is the winner with 117.4% gains versus HD’s 29.7%. Also, TTSH’s 98.2% gains year-to-date compare with HD’s 38.8% returns.

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