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Blog

Rebuilding the Construction Trades Workforce

Sophie Huang • June 5, 2024

Since the mid-2000s, the construction industry in the United States has faced a significant shortage of skilled labor. During the Great Recession, the industry lost nearly 1…
Blog

Estimating the National Housing Shortfall

Daniel McCue, Sophie Huang • January 29, 2024

With home prices and rents hovering near record highs, and for-sale inventories and vacancies stuck near record lows, there is a significant housing shortfall. Most experts…
Blog

Downturn in Home Remodeling May Bottom Out in 2024

Abbe Will • January 18, 2024

Spending for residential improvements and repairs is expected to shrink this year for the first time since 2010, but signs point to some easing of declines by year’s end,…
Blog

Further Softening Expected for Homeowner Remodeling

Abbe Will • July 20, 2023

Annual expenditures for improvements and repairs to owner-occupied homes are expected to decline at an accelerating rate through the first half of 2024, according to our…
Blog

Home Remodeling Market Projected to Contract by 2024

Abbe Will • April 20, 2023

After more than a decade of continuous growth, annual spending on improvements and repairs to owner-occupied homes is expected to decline by early next year, according to our…