Economic Outlook/RRI

Double-Digit Rises in Remodeling Spending to Continue in 2014 Double-Digit Rises in Remodeling Spending to Continue in 2014

Americans will spend roughly $153.8 billion on big-ticket remodeling projects over the 12-month period ending Sept. 30, Harvard's Joint Center for Housing Studies says. But the speed at which that money will be spent will vary by quarter. See how. Read more

Americans Are Confused About What They Want Out of a Community

Do our nation's citizens want walkability or conventional suburbs with malls and highways? You'll find groups supporting both with no clear majority. One thing is clear, though: A desire for smart growth. Read more

Key Remodeling Index Rises Again in 3Q

Big-ticket remodeling and replacement activity nationwide rose by a better-than-expected 2% during the third quarter from the previous period, raising the growth streak to seven consecutive quarters, the latest Residential Remodeling Index reveals. Read more

LIRA Predicts Slight Slowdown in Major Remodel Work LIRA Predicts Slight Slowdown in Major Remodel Work

The growth rate for big-ticket remodeling projects will ease slightly over the next four quarters but still rise 15.2% to total $147.9 billion over the next four quarters, the Joint Center for Housing Studies (JCHS) at Harvard University forecast. Read more

Remodelers Expect an Even Better 2014; New Forecast Suggests Why

Hanley Wood's nationwide survey of remodelers finds them slightly more likely to predict robust growth in 2014 than for this year. And the parent company of REMODELING suggests several reasons why. Read more

2013 Remodeling 550 Data Shows Remodelers Are Optimistic2013 Remodeling 550 Data Shows Remodelers Are Optimistic

Looking at the Remodeling 550 data in a historical context provides further... Read more

Remodeling Set for Best Year Since '05, Metrostudy Predicts

The fundamentals are in place for this year to be the best one since 2005 for remodeling and replacement activity, with 192 markets nationwide expected by mid-2014 to beat their previous high-water marks, the latest Residential Remodeling Index (RRI) indicates today. Read more

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