Like you, I cannot wait to close the book on 2020, and economists say we have a lot to look forward to for 2021.
The Joint Center for Housing Studies of Harvard University reports that the U.S. home remodeling market will report annual revenues of more $500 billion by 2026. Single-family construction in the U.S. started the year at its fastest pace since the Great Recession and, after a brief pause in April, was running back at a 1.1 million annual rate by September—a 22 percent increase from a year earlier.