Aging housing stock and insufficient new home inventory mean the remodeling market is poised for future growth, the National Association of Home Builders reported.
Tag: Remodeling
Harvard JCHS Projects Continued Gains for Remodeling Amid Economic Uncertainty
Annual expenditures for improvements and maintenance to owner-occupied homes should grow modestly through 2026, according to the Joint Center for Housing Studies of Harvard University.
Harvard JCHS: Remodeling Soars to New Heights
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.
Jobber Projects Home Services Growth Possible in Second-Half 2024
Home service software provider Jobber, Edmonton, Alberta, released its Home Service Economic Report for the second quarter, finding that consumer spending on home services, such as renovations, may grow in the second half of this year.