Remodeling Activity Stunted Due to Economic Uncertainty
Economic uncertainty is making it difficult for remodeling activity to grow, according to a new report from Harvard’s Joint Center for Housing Studies.
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.
Remodeling Forecast Says Spending Will Decline This Year
The latest forecast from Harvard University’s Joint Center for Housing predicts that a slump in Americans’ remodeling spending may be in store this year.
Remodeling ROI Not Always Great
Hopefully, owners who chose to remodel their bathrooms are enjoying their new spa-like retreats. If they were hoping to sell their homes for more, they likely won’t come out ahead.
Home Depot’s Strong Quarter Overshadowed by 2023 Remodeling Outlook
The Home Depot posted strong profits in its final quarter of 2022 but said it expects profits to slip this year, sending shares of the home improvement retailer skidding at the opening bell Tuesday.
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.
Stronger Growth Predicted in Remodeling Sector
Homebuilders and remodelers can expect their businesses to grow modestly this year, according to a new estimate by Harvard University housing researchers.
Remodeling Predicted to Slow by Mid-Year 2021
Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold, according to the Joint Center for Housing Studies.
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.
Banks Could See Opportunity in HELOCs, Report Finds
Home equity lines of credit could be a major opportunity for lenders in coming years because many homeowners simply don’t know what they are.
Growth in Greater Boston Remodeling Spend Expected to Slow
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.
Growth In Remodeling Spending Projected To Peak In 2017
Strong gains in nationwide home renovation and repair spending are expected to continue into next year before tapering, 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.
