News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Craig Webb / REMODELING / May 14, 2015
— Remodeling Magazine (@RemodelingMag) May 17, 2015
Here’s a great interpretation of data from Harvard’s Joint Center for Housing on the evolution of remodeling spending over the past 20 years.
Harvard Joint Center for Housing Studies / March 27, 2014Read More
Alex Viega, Associated Press / Boston.com / August 15, 2013
Homeowners are opening their wallets. A rebound in the housing market has made them more willing to invest in renovations that could boost the value of their homes even more in a rising market.
Spending on home remodeling has picked up over the past 18 months and is expected to rise nearly 20 percent to $151 billion by the fourth quarter, according to a recent report by the Joint Center for Housing Studies at Harvard University.
Many homeowners decide to make upgrades with the idea that the bigger kitchen or finished basement will make their home more enjoyable. But those looking to sell should knowRead More
The Joint Center for Housing Studies / Harvard University / July 30, 2013
General strengthening in the housing market over the past 18 months is translating into increased spending on home improvements, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling contractors have been reporting improving market conditions for the past four quarters, and are seeing strength in future market indicators. Spending trends have been on a solid upward slope, with the Leading Indicator of Remodeling Activity (LIRA) projecting continuedRead More