Remodeling: LIRA

LIRA: Remodeling Activity to Increase Significantly in 2013

Fri, 8 Feb 2013 02:22:01 EST

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 Joint Center for Housing Studies of Harvard University.

Two Indicators Forecast a Slight Surge in Remodeling Activity Into 2013

Fri, 8 Feb 2013 02:12:55 EST

Both the LIRA and the RRI are predicting slight but steady growth in the remodeling and replacement sectors well into 2013.

Remodeling Market Data: LIRA Predicts Strong Growth Into 2013

Fri, 8 Feb 2013 01:59:49 EST

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.

Housing Turnover = Increased Remodeling Activity

Fri, 8 Feb 2013 01:57:19 EST

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?

Good and Bad for Remodelers in Latest Joint Center Housing Report

Fri, 8 Feb 2013 01:47:24 EST

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 Indicator of Remodeling Activity (LIRA) points to a resumption of spending growth in the second half of 2012.” That’s some good news.

Turtles All the Way Down: The Spending Paradox

Fri, 8 Feb 2013 02:15:21 EST

Are people not spending because of a weak economy, or is the economy weak because they are not spending?

LIRA: Remodeling Spending Up Almost 6% by Year’s End

Fri, 8 Feb 2013 01:29:05 EST

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. Owing to a number of factors such as an upturn in home sales, relatively low interest rates, and an unseasonably mild winter, LIRA projects annual spending will see a healthy uptick in 2012, ending the year up 5.9%.

Positive Note for End of 2012 Remodeling Activity

Fri, 8 Feb 2013 01:01:37 EST

Outlook for housing industry momentum in second half of year.

A Cloudy Outlook for 2012? LIRA Forecast

Fri, 8 Feb 2013 12:44:46 EST

Leading Indicator of Remodeling Activity (LIRA) data indicate that the short-term outlook doesn't offer a clear sense of recovery.

Hanley Wood RRI: Remodeling Slows Slightly in Q3

Fri, 8 Feb 2013 12:40:59 EST

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).

Home Remodeling to Remain Weak Through First Half of 2012

Fri, 8 Feb 2013 12:37:21 EST

Thanks to a lackluster economy and a housing market that continues to limp along from quarter to quarter, home improvement spending will remain tepid through the first half of 2012, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Slow Growth: Remodeling Activity Generally Flat, With Some Exceptions

Fri, 8 Feb 2013 12:17:53 EST

Hanley Wood's Residential Remodeling Index shows that despite the slump during the past four quarters, there are some markets where pent-up demand will start to drive growth in 2012.

RMI: Remodeling Activity Slows from First Quarter

Fri, 8 Feb 2013 12:13:13 EST

Yet another economic indicator is giving remodeling pros reason to keep the Alka Seltzer in the top drawer, this time courtesy of the NAHB’s Remodeling Market Index.

Remodeling Spending Downward Spiral to Continue Into 2012

Fri, 8 Feb 2013 12:11:08 EST

Despite previous signs that home improvement spending was on the rise, new data from the Leading Indicator of Remodeling Activity (LIRA) released today shows that the next several quarters will see weak, if not volatile, spending in this sector.

Remodeling Growth to Slow in Q4

Thu, 7 Feb 2013 11:42:26 EST

LIRA projects that spending up just 0.2% by the end of 2011.

Back on Track: Remodeling Poised to Return to Normal Growth Pattern

Thu, 7 Feb 2013 11:35:41 EST

After a topsy-turvy decade that saw both new highs and new lows, two recent announcements from the Harvard Joint Center of Housing Studies say remodeling is headed for recovery in 2011.

Still Life in Remodeling: Latest LIRA Shows Upturn Continuing

Fri, 8 Feb 2013 01:39:16 EST

The LIRA (Leading Indicator of Remodeling Activity) shows that remodeling will continue on the upswing.

2010–11 Cost vs. Value Report

Fri, 8 Feb 2013 01:39:12 EST

Sagging home prices, tight credit, and consumer indecision trumped lower construction costs, sending the cost-to-value ratio to its lowest level in a decade.

LIRA Projects Stronger Growth for Remodeling in 2011

Thu, 7 Feb 2013 11:25:04 EST

The Leading Indicator of Remodeling Activity (LIRA) shows that remodeling will continue on the upswing, says Kermit Baker, director of the Remodeling Futures Program at Harvard’s Joint Center for Housing Studies.

Remodeling Spending Heads Into Upswing, Per Latest LIRA

Thu, 7 Feb 2013 11:04:02 EST

For the first time since 2006, home improvement spending is on the upswing. Annual growth will be nearly 5% in 2010, and all signs suggest that the positive trend will continue in 2011, according to the latest Leading Indicator of Remodeling Activity.