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 […]

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 […]

Strong gains in home renovation and repair spending are expected to continue into 2017 before slowing down, according to the Leading Indicator of Remodeling Activity (LIRA) released in October by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA projects that annual growth in home improvement and repair […]

Spending on home improvement is projected to speed up next year after several quarters of slow growth, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at Harvard University’s Joint Center for Housing Studies. The LIRA projects annual spending growth for home improvements will accelerate from 2.4 percent last quarter to 6.8 percent in the second […]

The focus of the U.S. housing market might be shifting in a big way — from owning single-family homes to renting multi-family units, according to the annual State of the Nation’s Housing report from Harvard’s Joint Center for Housing Studies, released Wednesday. The U.S. home-ownership rate slumped to 63.7 percent in the first quarter of 2015. That’s […]

Remodelers, it’s time to get happy again. During a recent webinar hosted by the Joint Center for Housing Studies (JCHS) at Harvard University, panelists proclaimed the remodeling industry is on the rise. They went further than just a proclamation, though, breaking down what’s driving the comeback, including identifying specific trends in the fenestration market. “In […]

The Joint Center for Housing Studies (JCHS) at Harvard University released its annual The State of the Nation’s Housing report on Thursday, which suggested that though the U.S. housing recovery faces a number of challenges, it should regain its footing. While tight credit, unemployment rates, and the sizable student load debt have kept many Millennials from buying homes, “as long as the economy remains on the path of slow, but steady improvement, housing should follow suit,” says Chris Herbert, research director at the JCHS.

The Joint Center for Housing Studies (JCHS) at Harvard University released its America’s Rental Housing Report today, a report published every other year, and a few of the presenters echoed the same sentiment, “The simple fact is we are in midst of the worst rental crisis in terms of affordability that this nation has ever […]