The improving housing market and record low interest rates could be creating a perfect storm that leads to gains in home improvement activity for the rest of the year and well into 2013, according to the Leading Indicator of Remodeling Activity released by the Remodeling Futures Program at the...
Both the LIRA and the RRI are predicting slight but steady growth in the remodeling and replacement sectors well into 2013.
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The Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University suggests that annual homeowner improvement spending may reach double-digit growth by the first quarter of 2013.
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The number of U.S. housing markets on the IMI list that show “measurable and sustained improvement” has risen. What does this mean for remodelers?
The Joint Center for Housing Studies of Harvard University says, in its “State of the Nation’s Housing 2012” report, that “Starting in the first quarter of 2011, home construction and improvement spending have made a positive contribution to GDP in four out of five quarters,” and that the “Leading...
Are people not spending because of a weak economy, or is the economy weak because they are not spending?
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After spending the past two years at record low levels, remodeling activity is expected to pick up later this year, according to the Leading Indicator of Remodeling Activity (LIRA) released Thursday by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University...
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Outlook for housing industry momentum in second half of year.
Leading Indicator of Remodeling Activity (LIRA) data indicate that the short-term outlook doesn't offer a clear sense of recovery.
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Echoing the unrest in the housing market and a dive in consumer confidence, overall remodeling activity remained flat in Q3 2011, according to the latest data from the Hanley Wood Residential Remodeling Index (RRI).