Gopal Ahluwalia, Kermit Baker, Kent Colton
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April 19, 2022
The 100 largest home builders in the US now account for about half of all new single-family home sales, up from just over a third two decades ago. However, according to “…
Elizabeth Kneebone, Chris Herbert
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September 29, 2021
The COVID-19 pandemic has resulted in profound economic hardship for the nation’s renters; the most recent Census Bureau Household Pulse Survey found that nearly 8 million…
The amount spent by homeowners on improvements to their homes—remodels, replacements, additions, structural alterations, and other activities that increase the value of the…
I recently retired as Director of the Remodeling Futures Program at the Joint Center for Housing Studies, a position that I have been extremely fortunate to hold since its…
While the US economy shrank by 3.5 percent in 2020, spending on home improvements and repairs grew more than 3 percent, to nearly $420 billion, as households modified living…
During the pandemic, there has been a surge in do-it-yourself (DIY) home improvement as people have used some of their extra time at home to undertake projects that…
After almost a decade of sustained growth in spending for home improvement projects, remodeling activity is likely to decline during the pandemic-induced economic downturn.…
In 2017, New York’s $12.2 billion market for home improvements was about 45 percent greater than the next largest markets in Los Angeles ($8.6 billion) and Chicago ($8.2…
It looks like 2019 will be a time of transition for the remodeling industry, and we’ll see as we progress through the year whether this is a soft patch in the market or the…
Kermit Baker, Alexander Hermann
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November 30, 2017
The bulk of repairs to homes damaged by this year’s record-setting disasters will not be done until 2019 or 2020, according to our analysis of post-disaster spending between…