Industry Data & Research
Industry Data & Research
Industry data and research for professional home builders and remodelers.
Harvard Says Remodeling Spending Downturn to Slow
Could the drop in remodeling spending from post-COVID levels regulate soon?
Industry Data & Research
The Latest Data on Construction's Workforce
To close the housing deficit in the United States, the industry needs more skilled workers. Here's where construction's workforce stands
News
The Remodeling Market Could Turn in Q4, Says Harvard
Repair and remodeling spending could see an uptick at the end of the year
NAHB
Building Materials Show Stability in 2023
Although supply chain bottlenecks have eased in recent months, shortages of some key materials persist.
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Remodeling activity increases in 2010
Residential remodeling activity increased in 2010, showing gains for the 14th straight month, as many homeowners continue to choose remodeling over purchasing a new home.
Builder confidence holds steady for fourth month
Builder confidence remained the same for newly built, single-family homes for the fourth month in a row, according to the latest National Association of Home Builders (NAHB)/Well Fargo Housing Market Index numbers.
Housing affordability returns to pre-housing boom levels
The ratio of home price to annual household income fell to pre-housing boom levels in 47 of the 74 markets that Moody’s Analytics measures, indicating the homes in those areas currently are highly affordable. Those 47 markets have either passed or surpassed the average ratio between 1989 and 2003, when economist believe the housing boom started.
Modified loan default rate drops
Although borrowers who modify their loans are likely to default again within a year, the redefault rate is falling, the Wall Street Journal reported.
Kitchen and bath dealers expect sales increase
An index measuring the confidence of 150 kitchen and bath dealers shows that they believe sales will increase in the next quarter. Seventy percent of the surveyed dealers said they expected showroom sales to increase due to kitchen and bath remodels. The prediction is line with recent home sale trends.
Census Bureau: Homeownership rate drops
Both the homeownership rate and homeowner property vacancy rate fell in the last quarter of 2010, the U.S. Census Bureau announced in its latest Housing Vacancies and Homeownership report. The homeownership rate for the last quarter was 66.5 percent, lower than both the previous quarter and the final quarter of 2009.
NAHB Index Shows Improvement in Remodeling Market
Remodelers are more optimistic about 2011 as remodeling market gets stronger
New single-family homes sales rise 17 percent
New single-family homes sales were at a seasonally adjusted rate of 329,000 in December, based on estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. The rate rose 17.5 percent between November and December, but was 7.6 percent below the December 2009 rate.
S&P/Case-Shiller: Home prices continue to fall
Home prices continue to weaken, as eight cities hit their lowest levels since the peak in 2006 and 2007, according to the latest S&P/Case-Shiller Home Price Indices. The data showed that in November Atlanta; Charlotte, N.C.; Detroit; Las Vegas; Miami; Portland, Ore.; Seattle; and Tampa, Fla., all dropped to levels below spring 2009 lows.
Existing home sales continue upward trend in December
Existing home sales rose in December for the fifth time in the last six months, indicating a recovery as the housing market continues to stabilize. According to the National Association of Realtors, existing homes sales jumped 12.3 percent last month, reaching a seasonally adjusted rate of 5.28 million.