
Home Remodeling Activity Expected to Tick Upwards in 2025
With a stronger economy, among other things, boosting consumer confidence, the outlook for home remodeling activity appears to be improving.
With a stronger economy, among other things, boosting consumer confidence, the outlook for home remodeling activity appears to be improving.
While immigration has been used as a talking point by some politicians when discussing the United States housing market, research from the Joint Center for Housing Studies at Harvard University shows that price growth predates a recent surge in immigration.
After recent pullbacks on home remodeling, the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University is predicting that remodeling spending will increase in 2025.
The city sought to remove barriers to affordable housing construction by cutting permitting times and costs. And while funding shortfalls will hurt its full potential, it already appears to be working.
As slowing multifamily construction underscores a downturn in rental markets, optimists see rental demand holding strong over the long run, and point to favorable demographics as a reason to remain optimistic. But are demographics truly favorable for rental housing?
The net result of today’s market conditions: more affluent buyers, young and old, are now dominating the real estate market across the Bay State.
The type of buyers of single-family houses and condominiums in Massachusetts still fall into four main categories: first-time buyers, trade-up buyers, downsizing buyers and “everybody else.” But within those major categories are major shifts about who’s buying or not buying.
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.
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.
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.
Calling the state of the nation’s housing stock “dire” and the supply-demand gap “enormous,” the report calls for “a major national commitment to build more housing of all types.”
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.
Boston and a handful of inner suburbs have played an outsized role in Massachusetts’ recent multifamily housing production. What happens if multifamily developers can’t bid enough to acquire urban development sites in the first place?
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.
Greater Boston residents are expected to continue to decrease their spending on home remodeling during the rest of 2019, according to a new study from Harvard University.
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 researchers at Harvard University.
The cities, towns and neighborhoods that together make up greater Boston have changed significantly in the last few decades. But those changes have not been uniform across the region.
The robust pace of spending on home renovations and repairs is expected to stay strong over the coming quarters, according to the Leading Indicator of Remodeling Activity released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
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.
By 2035, more than one in five people in the U.S. will be ages 65 and older, and one in three households will be headed by someone in that age group, according to “Projections and Implications for Housing a Growing Population: Older Adults 2015-2035,” a report released today by the Harvard Joint Center for Housing Studies (HJCHS).