2023 Outlook for Remodeling Cools
Higher home prices, recession fears and the near-death of the refinance market are likely to spell a significant slowdown in homeowners’ remodeling spending this year, researchers say.
Higher home prices, recession fears and the near-death of the refinance market are likely to spell a significant slowdown in homeowners’ remodeling spending this year, researchers say.
Homeowners are poised to continue spending more on home improvement and maintenance projects through mid-2022, a new report from Harvard University housing researchers says.
Homebuilders and remodelers can expect their businesses to grow modestly this year, according to a new estimate by Harvard University housing researchers.
A new report by Harvard’s Joint Center for Housing Studies predicts homeowner spending on remodeling is expected to drop through at least the first quarter of 2020 due to the COVID-19 pandemic.
A new study from the Harvard Joint Center for Housing Studies has found the large number of Millennials entering prime first-time homebuying age in recent years has not compensated for the decline in first-time homebuying caused by the smaller Generation X from 1997 to 2013.
Annual gains in improvement and repair spending on the owner-occupied housing stock are projected to continue decelerating through early next year nationwide, according to a new report from Harvard University’s Joint Center for Housing Studies.