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The Demographics Driving Today’s Renovation Market

remodeling age groups

More homeowners are choosing to remodel their homes instead of purchasing new ones as elevated mortgage rates and limited housing inventory continue to impact the U.S. housing market. According to the National Association of Home Builders (NAHB), in 2024, an …

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Single-Family Housing Starts Down in April

single-family housing starts april

Single-family housing starts declined in April as builders faced continued economic uncertainty and affordability challenges, including higher construction costs, ongoing labor shortages and elevated financing expenses, according to the National Association of Home Builders (NAHB). Overall housing starts decreased 2.8% …

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