The Remodeling Market Index (RMI) held steady at 57 in the fourth quarter of 2013, the highest reading since the first quarter of 2004, according to the National Association of Home Builders (NAHB). “The remodeling industry ends 2013 on a …
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Remodelers are expecting to have a solid 2014, according to Qualified Remodeler magazine’s annual online market forecast survey. Of those who responded to the survey, 78 percent reported having either an excellent or good outlook on the year ahead, an …
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Current and future remodeling business conditions continue to show growth, according to National Association of the Remodeling Industry’s (NARI) third-quarter Remodeling Business Pulse (RBP) data. Quarter-over-quarter increases are evident in nearly all sub-components measuring remodeling activity. Entering into the holiday …
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The home remodeling market continues to grow, with strong gains predicted through the beginning of 2014, according to the Leading Indicator of Remodeling Activity (LIRA) recently released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. …
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More than half (52 percent) of homeowners plan to make a home improvement or addition this fall, according to the Zillow® Digs™ Fall Home Improvement Trend and Spending Survey, compared with 60 percent in the summer; homeowners plan to spend …
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Pending home sales increased in May to the highest level since late 2006, suggesting a possible boost in sales as mortgage interest rates began to rise, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based …
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Builder confidence in the market for newly-built single-family homes surged eight points in June to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading higher than 50 indicates more …
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Sales of newly built, single-family homes rose 2.3 percent to a seasonally adjusted annual rate of 454,000 units in April, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The gain builds on a …
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