As the housing market continues to recover, the size of newly built single-family homes is slightly decreasing. Single-family home sizes have been on the rise since the end of the recession, and now they are tapering off for the second …
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Financial Security on the Rise
Americans’ confidence in the U.S. economy is growing, according to a national Bankrate survey. According to Bankrate, job security, debt, net worth and overall financial situation are areas in which Americans are experiencing more optimistic sentiments. These positive areas led the Financial …
Read More »From Saving to Spending
As the holiday season quickly approaches, consumers plan to shift their saving strategies toward the end of the year. The Holiday Spending and Savings Study, conducted by Edward Jones, analyzed the upcoming saving to spending ratio consumers will sustain. With more …
Read More »Remodeling Conditions Show Strong Growth
The National Association of the Remodeling Industry’s (NARI) third-quarter Remodeling Business Pulse (RBP) data of current and future remodeling business conditions indicated strong growth in the third quarter of 2014 with a rating of 6.41. Quarter-over-quarter increases are evident in …
Read More »Anticipated Growth in Single-Family Housing Starts
As the housing market continues to recover, housing starts continue to trend upwards. With wavering numbers towards the end of 2013 and the beginning of 2014, recent months have provided strong growth that has led to an anticipated 991,000 total …
Read More »Hardware Retailing Stock Index
The home improvement industry is looking up according to the Hardware Retailing Stock Index, which reports stock activity of the leading home improvement retailers, manufacturers and builders influencing the industry. Throughout the month of October, the index gained $84 or a 6.4 …
Read More »Small Businesses Increase Head Count
Small businesses across the United States added 102,000 jobs in October, up nearly 10 percent from September. This increase is the second six-figure number in the past year and marks the second-straight month of growth since the summer slump. Small …
Read More »Canadians Spend More on Home Improvement
Canadians are spending less on entertainment and dining and dedicating more discretionary income to travel and home improvement. According to a report from Moneris, a provider of payment processing solutions, “Purchases at home improvement stores rose by 8.49 percent over …
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