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.
Brad Hunter / Metrostudy / June 25, 2014
When it comes to new home sales, the first half of 2014 was the victim of the cold weather, but more so the victim of the large price hikes that occurred in the first half of 2013. We are long past the weather factor, and we are seeing consumers start to get past the sticker shock. Our research shows that traffic is more prone to turn into sales now.
There is something else that is auspicious about this mid-year mile-marker. We have just passed the point where (numerically speaking) we have regained all of the jobs that were lost during the downturn. Granted, they aren’t the same jobs, butRead More