Industry Data & Research
Nearly 20 percent of contractors working in three New Jersey counties on repairs to damage caused by superstorm Sandy are not registered with the state, according to inspectors from the state’s Division of Consumer Affairs.
The National Association of the Remodeling Industry applauds the re-introduction of S.484, the Lead Exposure Reduction Amendments Act of 2013, to amend the EPA’s Lead Renovation, Repair & Painting Rule.
Increased curb appeal, energy efficiency, and low maintenance lead attributes of increasing number of exterior remodeling projects.
Vinyl siding ranks as one of the most environmentally friendly exterior claddings today, as confirmed by a life cycle assessment using Building for Environmental and Economic Sustainability software.
After languishing for several years, the U.S. remodeling industry appears to be pulling out of its downturn and a renewal of the nation’s housing stock is underway, according to a report from the Joint Center for Housing Studies.
Residential remodeling will slowly but steadily improve in 2013, according to experts at a press conference hosted by the National Association of Home Builders Remodelers on Jan. 22 at the International Builders' Show in Las Vegas.
Robust spending on home improvement in the second half of 2012 suggests the remodeling recovery is already underway, and annual homeowner improvement spending should see accelerating double-digit growth through the third quarter of 2013.
Data of current and future remodeling business conditions has experienced significant growth across all indicators, and forecasts for the next three months expect it to hit its highest level.
Remodelers remain hopeful for 2013, still await big recovery.
Remodeling giant Neil Kelly Company put together a list of its top 10 home design and remodeling trends for 2013. Top trends include the move toward clean, contemporary kitchen cabinets and the rise of quartz composite countertops.
Residential remodeling activity fell in September according to the latest data from the BuildFax Remodeling Index released Wednesday.
Home improvement activity appears poised for strong gains through the rest of 2012 and well into 2013, driven by an improving housing market and record low interest rates, according to the latest Leading Indicator of Remodeling Activity (LIRA).
Residential remodels authorized by building permits in the U.S. in July were at a seasonally-adjusted annual rate of 3,144,000, according to the latest data from the BuildFax Remodeling Index.
Tax credits still having negative impact on window market
Data from the latest release of the BuildFax Remodeling Index showed residential remodels authorized by building permits posted a seasonally adjusted annual rate of 2,725,000 in June.
The EPA's Inspector General recently reported on the findings of an investigation into the Lead: Renovation, Repair and Painting rule. Not surprisingly, that report determined that the EPA underestimated the rule’s cost and overestimated its benefits.
The remodeling industry numbers are very strong: remodeling in the U.S. generates about $300 billion annually, which is more than commercial construction, public works projects and retail clothing sales combined.
The second quarter results of the Remodeling Market Index (RMI) slipped under pressure from a softening labor market, according to the National Association of Home Builders (NAHB), dropping two points to 45.