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Pandemic Expected to Shrink 2020 Remodeling Spending in Majority of Top Metros

Pandemic Expected to Shrink 2020 Remodeling Spending in Majority of Top Metros

Expenditures for home improvements to the owner-occupied housing stock are anticipated to decline in most of the nation’s largest metropolitan areas this year in response to the severe economic impacts of the COVID-19 pandemic...
Remodeling Market Expected to Stall in 2020
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Remodeling Market Expected to Stall in 2020

Annual gains in homeowner spending for improvements and repairs are set to give out by the second half of next year...
Steep Slowdown Projected in Home Improvements
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Steep Slowdown Projected in Home Improvements

Growth in residential remodeling spending is expected to slow considerably by the middle of next year, according to the Leading Indicator of Remodeling Activity (LIRA)...
New Report Shows US Housing Supply Falls Far Short of What Is Needed
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New Report Shows US Housing Supply Falls Far Short of What Is Needed

With the nation’s economy on sound footing and incomes on the rise, the number of people forming households in the United States has finally returned to a more normal pace. Housing production, however, has not.