
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.
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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.