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 »Tag Archives: housing
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 »What First-Time Homebuyers Want
First-time homebuyers may be waiting to buy houses, but that’s because they’re thinking long term, according to new research from Bank of America. The majority of new buyers are thinking about the future and wanting to skip small starter homes, looking at their …
Read More »Trends in Green Building
Contractors are continuing to integrate greener and more sustainable building materials and products into their building projects, striving to meet consumers’ demand for highly efficient, healthy homes. The data provided below comes from Green and Healthier Homes, a report by …
Read More »More and More Millennials Are Heading to Suburbia
In the past few years, we’ve seen millennials who, after graduating from college, have chosen to live downtown or in an urban area (usually renting an apartment in the neighborhood of their choice). There’s plenty of nightlife and other activities …
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