The U.S. remodeling market soared above $600 billion after the pandemic and remains 50% above pre-pandemic levels despite recent softening, the Harvard Joint Center for Housing Studies reported.
Tag: Chris Herbert
The State of the Nation’s Housing: Millions Face Risk of Eviction or Foreclosure
Households that weathered the pandemic without financial distress are “snapping up” the limited supply of homes for sale, pushing up prices and excluding less-affluent buyers from homeownership, the Joint Center for Housing Studies at Harvard University reported Wednesday.
The State of the Nation’s Housing: Millions Face Risk of Eviction or Foreclosure
Households that weathered the pandemic without financial distress are “snapping up” the limited supply of homes for sale, pushing up prices and excluding less-affluent buyers from homeownership, the Joint Center for Housing Studies at Harvard University reported Wednesday.
For Remodeling Market Outlook, an ‘Abrupt About-Face’
The coronavirus pandemic is taking its toll on many sectors of the housing market—and according to the Joint Center for Housing Studies of Harvard University, the previously solid home remodeling market is about to take a hit as well.
Residential Remodeling Outlook: Slight Gains in 2020
National spending for improvements and repairs on owner-occupied homes is expected to rise “only modestly” this year, according to the Leading Indicator of Remodeling Activity by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, Cambridge, Mass.
Signs of Wavering in Remodeling Forecasts
Annual gains in homeowner spending for improvements and repairs are set to “give out” by the second half of next year, according to the Leading Indicator of Remodeling Activity report from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.