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Remodeling Marches Forward in First Quarter, Set for Complete Recovery in Third Quarter
WASHINGTON, D.C. (May 18, 2015) — Metrostudy, a Hanley Wood company, announced today the release of its first quarter 2015 Residential Remodeling Index (RRI) detailing activity in the remodeling and replacement industry.
The national RRI Activity Index scored a reading of 98.6 in first quarter 2015, marking a year-over-year increase of 4 percent. This was the strongest year-over-year growth experienced since first quarter 2014, when a 5.3 percent gain was observed. The RRI has now posted twelveRead More
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.