Posts Tagged ‘ Harvard Joint Center for Housing Studies ’

New Year’s Day Earthquake Sparks Interest in Japan’s Seismic Building Codes

Jan 11th, 2024

Building resilience is at the forefront of the conversation surrounding Japan’s recent 7.5 magnitude New Year’s Day earthquake on the Noto Peninsula in Ishikawa prefecture. Reports indicate that the quake killed hundreds of people, with many left homeless. The destruction could have been worse. Other earthquakes throughout the world have seen greater devastation. This includes […]

As Remodeling Wanes Home Building Is Expected to Pick Up

Dec 13th, 2023

Experts say the housing recession that dogged new home production from the second quarter of 2020 through the end of 2022 is over. But the scars of higher home prices and mortgage rates have left millennials with a bad taste in their mouth. That’s according to a survey conducted by Redfin Corp., a Seattle-based residential […]

Amid High Rates and Softer Housing, Industry Execs Show Confidence

Aug 28th, 2023

Chief executives for four leading door, window and hardware companies remain optimistic about demand for their companies’ products, despite what some describe as a “weak” housing market and sentiments about a possible economic slowdown. New home starts increased in July after declining in June, despite increases to interest rates that brought mortgage rates near a […]

Harvard Research Confirms: Remodeling Spending Grew and Poised to Continue

Mar 29th, 2021

While the U.S. economy shrank by 3.5% in 2020, spending on home improvements and repairs grew more than 3%, to nearly $420 billion, as households modified living spaces in response to COVID-19. This is according to Improving America’s Housing 2021, a new report released last week by the Harvard Joint Center for Housing Studies. “From 2010 […]