Posts Tagged ‘ Chris Herbert ’

Demand Could Increase for Remainder of Year

Jul 26th, 2021

With some door and window dealers reporting a modest slowdown amid summer months and vacations, one indicator of demand for remodeling indicates that the remainder of the year could bring steep increases. The same report suggests that sales will remain on an upswing through the middle of next year. The latest edition of the Leading […]

As Home Prices Rise Owners Also Set to Spend More on Improvements

Apr 20th, 2021

After the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed a slight dip in builder confidence in March, data from the U.S. Census Bureau shows a rise in building permits issued for the same month, along with a sharp year-over-year increase. In March, officials for NAHB pointed to material costs and […]

Harvard Housing Studies: Home Improvement Spending Will Remain Low

Oct 16th, 2014

In line with the slow recovery of the overall housing market, the home remodeling industry is expected to continue its path of moderating growth, according to the Leading Indicator of Remodeling Activity (LIRA). The report, done by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, projects annual growth in […]

New Housing Study Shows Construction Picking Up

Jun 30th, 2014

The Joint Center for Housing Studies (JCHS) at Harvard University released its annual The State of the Nation’s Housing report on Thursday, which suggested that though the U.S. housing recovery faces a number of challenges, it should regain its footing. While tight credit, unemployment rates, and the sizable student load debt have kept many Millennials from buying homes, “as long as the economy remains on the path of slow, but steady improvement, housing should follow suit,” says Chris Herbert, research director at the JCHS.