RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Home Remodeling Spending to Stay Strong

Home Latest News
January 20, 2018
Reading Time: 1 min read
Home Remodeling Spending to Stay Strong

Ethnic couple work on home kitchen remodel together

Home remodeling spending is expected to stay strong in 2018, up 7.5 percent from last year, according to the latest Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

“Steady gains in the broader economy, and in home sales and prices, are supporting growing demand for home improvements,” said Chris Herbert, managing director of the Joint Center for Housing Studies, in a statement. “We expect the remodeling market will also get a boost this year from ongoing restoration efforts in many areas of the country impacted by last year’s record-setting natural disasters.”

“Despite continuing challenges of low for-sale housing inventories and contractor labor availability, 2018 could post the strongest gains for home remodeling in more than a decade,” said Abbe will, research associate in the Remodeling Futures Program at the Joint Center for Housing Studies, in the statement. “Annual growth rates have not exceeded 6.8 percent since early 2007, before the Great Recession hit.”

For the latest real estate news and trends, bookmark RISMedia.com.

Tags: HarvardHome RemodelHome Remodeling SpendingHome RenovationLIRAreal estate newsU.S. Economy
ShareTweetShare
Susanne Dwyer

Susanne Dwyer

Related Posts

Great Spaces: An Elevated Look at an Upper East Side Condo
Agents

Great Spaces: An Elevated Look at an Upper East Side Condo

June 3, 2023
Webinar: How Technology Is Changing the Home-Buying Process
Agents

Webinar: How Technology Is Changing the Home-Buying Process

June 3, 2023
Social Media Savvy: How Fostering a Sense of Authenticity Builds Trust and Credibility
Agents

Social Media Savvy: How Fostering a Sense of Authenticity Builds Trust and Credibility

June 2, 2023
Big Job Gains Fuel Optimism, but Could Confound Fed
Agents

Big Job Gains Fuel Optimism, but Could Confound Fed

June 2, 2023
The Power Broker Interview: Bess Freedman Shares Insights on Staying Successful Amid a Shifting Market
Agents

The Power Broker Interview: Bess Freedman Shares Insights on Staying Successful Amid a Shifting Market

June 2, 2023
Mortgage Mix: Modest Decline in Rates and Applications
Agents

Mortgage Mix: Modest Decline in Rates and Applications

June 2, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

The Best Lead Strategy for Growth in Any Market Condition

Brokers and agents have always held the role of trusted advisors and experts, and this is even truer now. These realities are underscoring just how important better lead strategies are, so that teams can increase their lead flows over time, whether the market is up or down. Read More

Business Tip of the Day provided by

Recent Posts

  • Great Spaces: An Elevated Look at an Upper East Side Condo
  • Webinar: How Technology Is Changing the Home-Buying Process
  • Social Media Savvy: How Fostering a Sense of Authenticity Builds Trust and Credibility

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X