At the end of 2018, fewer Americans were planning to buy a house in the next 12 months than during the year prior—but members of the millennial generation were the most likely to plan a home purchase. The National Association …
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Federal Changes to Housing Affordability
Homeownership benefits home improvement retailers for clear reasons, including the fact that homeowners maintain and upgrade their houses with products retailers sell. Buying, though, is more difficult than it used to be, due to high prices and a limited number …
Read More »LBM Retailers Learn From Rebuilding Communities
Click the picture to download a PDF of this story. By Chad Husted, chusted@nrha.org After the Storm Shrieking winds, pounding rain, choking smoke—these portents of disaster can haunt communities around the world. Whether it is landslides in the hills of …
Read More »Fourth-Quarter 2017 Shows Uptick for Economy
The year 2017 ended on a positive note for the U.S. economy, with fourth-quarter results showing growth in consumer confidence and in the housing and manufacturing sectors. The Purchasing Managers’ Index (PMI), which is the only leading economic indicator included …
Read More »Home Remodeling Spending to Increase in 2018
Homeowners are expected to spend nearly $340 billion on residential repairs and renovations in 2018, according to recent data from the Joint Center for Housing Studies of Harvard University. The organization released the latest Leading Indicator of Remodeling Activity (LIRA), which …
Read More »International Builders’ Show Features Smart Products, Interactivity
Building materials and luxury design items were just some of the products on display Jan. 8-11 when the National Association of Home Builders (NAHB) welcomed thousands to Orlando, Florida, for Design & Construction Week. The week featured the International Builders’ …
Read More »Checking the Foundation of the 2017 Housing Market
Solid demand and steadily increasing home prices have been two of the biggest housing headlines in 2017. To learn more about housing trends this year and predictions going into 2018, Hardware Retailing spoke with George Ratiu, director of quantitative and commercial …
Read More »Home Improvement Spending to Reach $316B
According to Harvard University’s Joint Center for Housing Studies, Americans are expected to spend $316 billion on home improvement upgrades this year, reports The Wall Street Journal. Because of this growth in home improvement spending, home improvement retailers have continued to …
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