Posts Tagged ‘ homeowner remodeling activity ’

LIRA Projects Remodeling Slowdown in 2023 While Remaining Above Historical Average

Jul 21st, 2022

Slowing home sales, rising interest rates and home price appreciation moderation will see a slowdown of homeowner remodeling activity through mid-2023. While growth will soften, annual remodeling expenditures are still projected to expand to approximately $450 billion, according to the recently-released Leading Indicator of Remodeling Activity (LIRA). The Leading Indicator of Remodeling Activity comes courtesy […]