Remodeling spending may not be surging, but it’s holding its ground. That’s the takeaway from Harvard University’s latest Leading Indicator of Remodeling Activity (LIRA) report.…
Remodeling Futures Program
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Slower Growth Projected for Remodeling into Next Year
Harvard University’s Joint Center for Housing Studies (JCHS) released the most recent Leading Indicator of Remodeling Activity (LIRA) report, providing “a short-term outlook of national…
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New Year’s Day Earthquake Sparks Interest in Japan’s Seismic Building Codes
Building resilience is at the forefront of the conversation surrounding Japan’s recent 7.5 magnitude New Year’s Day earthquake on the Noto Peninsula in Ishikawa prefecture.…
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As Remodeling Wanes Home Building Is Expected to Pick Up
Experts say the housing recession that dogged new home production from the second quarter of 2020 through the end of 2022 is over. But the…
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Home Remodeling Projected to Decline in 2024
Homeowners have been making improvements to their dwellings on a steady basis for nearly a decade, with those efforts expanding over the past few years…
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LIRA Projects Remodeling Slowdown in 2023 While Remaining Above Historical Average
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,…
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Demand Could Increase for Remainder of Year
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…
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As Home Prices Rise Owners Also Set to Spend More on Improvements
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…
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Harvard Research Confirms: Remodeling Spending Grew and Poised to Continue
While the U.S. economy shrank by 3.5% in 2020, spending on home improvements and repairs grew more than 3%, to nearly $420 billion, as households…
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Harvard Housing Studies: Home Improvement Spending Will Remain Low
In line with the slow recovery of the overall housing market, the home remodeling industry is expected to continue its path of moderating growth, according…