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.
Remodeling Demand Looks Bright. Thank High Home Prices?
Homeowners are poised to continue spending more on home improvement and maintenance projects through mid-2022, a new report from Harvard University housing researchers says.
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.
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.
First-Time Homebuying Not Yet Rebounded to Pre-Crisis Levels, Study Finds
A new study from the Harvard Joint Center for Housing Studies has found the large number of Millennials entering prime first-time homebuying age in recent years has not compensated for the decline in first-time homebuying caused by the smaller Generation X from 1997 to 2013.
Slow Growth Predicted Through 2020 for Home Remodeling Industry
Annual gains in improvement and repair spending on the owner-occupied housing stock are projected to continue decelerating through early next year nationwide, according to researchers at Harvard University.
