Hardware Retailing The Industry's Source for Insights and Information
The U.S. Department of Housing and Urban Development recently released its biennial American Housing Survey. The survey indicates the number of occupied residential housing units has increased since 2011, with 87 percent of the 133 million residential housing units occupied.
The survey also found the owners’ median monthly costs for housing units decreased by seventy dollars between 2011 and 2013. Contrarily, the median monthly cost for renters increased by five dollars.
This report gives a high-level overview of what is going on in the housing market. The survey also provides details such as how many houses use warm-air furnaces for heating and households’ home improvement activity in the last two years.
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