While the retail industry has been facing plenty of road blocks, especially in clothing and department stores, the home improvement industry continues to show strength. The Home Depot’s first quarter 2017 financial results highlight growth and topped analysts’ expectations, according to CNBC. Today, Home …
Read More »Tag Archives: housing
Expert Q&A: The State of the Housing Market
Kermit Baker is a senior research fellow at the Joint Center for Housing at Harvard University and the project director of the Remodeling Futures Program. The goal of this program is to develop an improved understanding of the dynamics of the U.S. …
Read More »2016 Market Measure
To download a PDF of the complete 2016 Market Measure, please complete the form at the bottom of the page. The Ups and Downs of a Positive Year To simply state that 2016 has been a good year for home improvement …
Read More »Home Depot CEO: Homeowners Are Investing
Homeowners are living in their houses longer than in the past, home values are increasing and millennials are forming their own households—all good news for Home Depot, according to CEO Craig Menear. “All of those have actually helped our business. I …
Read More »First Quarter 2016 Economic Indicators
Consumer confidence was relatively strong in 2015, but it took a downward turn toward the end of last year that has carried into 2016. This resulted in a decrease of more than 5 percent in the consumer confidence index in …
Read More »Ways to Boost Lumber Sales This Spring
New home sales have reached a post-recession high, according to newly released data from the U. S. Department of Housing and Urban Development and the U.S. Census Bureau. The data says sales of newly built, single-family homes rose 16.6 percent …
Read More »Millennials More Likely to Live With Parents vs. Romantic Partners
For the first time in 130 years, young adults under age 35 aren’t getting married or setting up households with romantic partners as often as they’re living with their parents. A new Pew Research Center analysis of census data shows that millennials aren’t settling …
Read More »Professional Skills Gap Hurts Housing Market
The housing market has been recovering, but the reason for the increase in the price of homes isn’t all good news. A growing shortage of homebuilders and home improvement professionals due to a major skills gap is delaying building projects, …
Read More »