Remodeling Spending Down for 2014

Home improvement spending hit an unexpected slump for 2014.  

October 23, 2014

Photo: Flickr

The demand for remodeling is based on the rate of single-family existing home sales. “Buyers of an existing home are likely to spend on average more than $1,800 on property alterations during the first year of homeownership compared to non-moving homeowners,” says Natalia Siniavskaia at the NAHB.
 
Read the full story on USNews.

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