With home sales picking up and contractors seeing more positive business conditions in the future, remodeling activity in the U.S. is in a position to see accelerated growth by the end of this year and into 2013, 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.
Nationwide housing production rose by 6.9 percent to a seasonally adjusted annual rate of 760,000 units in June, according to newly released figures from HUD and the U.S. Census Bureau. This is the fastest pace of new-home construction since October of 2008.
Existing-home prices continued to show gains but sales fell in June with tight supplies of affordable homes limiting first-time buyers, according to the National Association of Realtors.
Fresh off the heels of HD Expo in Las Vegas and theHD Asia Conference in Hong Kong, The Hospitality Design Group announces the schedule for HD Boutique, their boutique-style trade show at the Miami Beach Convention Center on September 11 and 12, 2012.
The U.S. Green Building Council (USGBC) today applauded the creation of the American High-Performance Buildings Coalition by the American Chemistry Council and others, noting that, after 20 years, it was significant that the representative groups were finally engaging in conversation about the critical importance of green, high performance buildings for America.
Headed to Atlanta, Georgia for the first time in its more than two-decade history, Coverings is turning to hometown industry experts with creation of an honorary Attendee Advisory Council to help ensure its entrée there in 2013 is an unmatched success.
Despite popular belief, a recent analysis of government data by the National Association of Home Builders (NAHB) reveals that the geographic distribution of households headed by someone age 55 or older is fairly even across most of the country, with more than 30 percent of all households in every state meeting this description.
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