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Remodeling Growth Expected To Slow

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The latest Leading Indicator of Remodeling Activity by the Joint Center for Housing Studies of Harvard University showed that annual growth in home The annual growth of home improvement projects is expected to slow from 6.3 percent in the first quarter of the new year to 1.6 percent by the third…

Muscle Growth: Fast Reps vs. Slow Reps- Thomas DeLauer (Reuters) – Growth in U.S. home remodeling expenditures is expected to cool below its historic average of 5 percent by early 2020 in step with slowing home By the first quarter of 2020, spending on home remodeling is projected at $347.0 billion, or 2.6% growth. This compares with estimated…

The economy’s growth could slow to a crawl by the end of next year and fall into recession by 2020, economists say.

While the remodeling market will continue to grow this year, the weakness in home sales will slow the remodeling recovery. Even that lower predicted growth, though, would lead to the best remodeling market since 2008 this year (see chart). Declining home prices and lower-than-expected home sales…

Still, improvement and repair spending will be considerable, with the year expected to see homeowners shell out $350 billion to update their homes.

Remodeling Spending Expected to Slow in 2019. Researchers find that flat home sales and slowing house price appreciation are deflating homeowners' interest in home improvements. Annual growth in the national market for home improvement and repair is expected to slow considerably by the end of…

EXPECTED GAINS IN REMODELING SPENDING TO SLIDE LOWER IN 2019. Annual growth in the national market for home improvement and repair is expected to slow …

It’s looking like the remodeling boom is starting to fade in the United States — and that slowdown may have implications for home-improvement retailers like Home Depot and Lowe’s.

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The U.S. home remodeling market expanded by more than 50% since the end of the Great Recession, according to “Improving America’s Housing 2019,” a new report set to be released Tuesday, March 12 by the Harvard Joint Center for Housing Studies.

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After several years of solid acceleration, annual growth in national home improvement and repair spending is expected to soften in 2019, according to the Leading Indicator of Remodeling Activity (LIRA) from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Jan 24, 2019 · After several years of booming business, home remodeling growth is expected to shrink this year. Demand is slowing because home values aren't gaining as much, mortgage interest rates are rising and fewer homes are selling. Both buying and selling are top drivers of home renovations.

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