Posts Tagged ‘ Abbe Will ’

LIRA Projects Remodeling Slowdown in 2023 While Remaining Above Historical Average

Jul 21st, 2022

Slowing home sales, rising interest rates and home price appreciation moderation will see a slowdown of homeowner remodeling activity through mid-2023. While growth will soften, annual remodeling expenditures are still projected to expand to approximately $450 billion, according to the recently-released Leading Indicator of Remodeling Activity (LIRA). The Leading Indicator of Remodeling Activity comes courtesy […]

Demand Could Increase for Remainder of Year

Jul 26th, 2021

With some door and window dealers reporting a modest slowdown amid summer months and vacations, one indicator of demand for remodeling indicates that the remainder of the year could bring steep increases. The same report suggests that sales will remain on an upswing through the middle of next year. The latest edition of the Leading […]

As Home Prices Rise Owners Also Set to Spend More on Improvements

Apr 20th, 2021

After the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed a slight dip in builder confidence in March, data from the U.S. Census Bureau shows a rise in building permits issued for the same month, along with a sharp year-over-year increase. In March, officials for NAHB pointed to material costs and […]

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