Tough Real Estate Market Expected to Cool Home Remodeling
High interest rates and low numbers of home sales are going to drag down homeowners’ spending on renovations and repairs, Harvard University researchers said Thursday.
Remodeling Spending Set to Shrink, Data Suggests
Two indicators suggest Americans’ spending on remodeling is headed downwards despite hope that homeowners willingness to sit tight and not list their homes meant that a wave of home renovations are coming.
Taking Buying, Selling to New Heights
Two hot new trends in real estate – designing and buying a custom home sight-unseen, and having your home renovations paid for by someone else – could become forces in 2023’s housing market.
Researchers: Pace of Remodeling Spend Growth Expected to Nosedive
Expect the growth of homeowners’ spending on remodeling to slow significantly over the next six months, housing researchers say, as economic uncertainty slows and a pandemic-induced sugar high wears off.
Remodeling Demand Looks Bright. Thank High Home Prices?
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.
Remodeling Succumbs to the Virus
According to a survey by the National Association of Home Builders, the pandemic all but shut down remodeling. But with inventory low due to the pandemic, could stuck homeowners start eyeing projects?
Forecast Sees Year-Long Decline in Remodeling Activity
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.
Remodeling Spending Projecting to Hit 10-Year High in 2018
The coming year is expected to be another robust one for residential renovations, according to Harvard University’s Joint Center for Housing Studies.
Remodeling Spending Expected To Continue To Increase
Nationwide spending on residential remodeling is expected to continue to increase through the third quarter of 2018, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Harvard Study Reports Remodeling Spending Will Increase Through 2025
Homeowner spending on remodeling is expected to see healthy growth through 2025, according to a biennial report released today by the Harvard Joint Center for Housing Studies.
