Press Releases

Aerial view of city and highways

Further Strengthening Expected for Home Remodeling

Annual gains in homeowner improvement and maintenance spending are set to accelerate in the second half of the year and remain elevated through mid-year 2022, according to our latest Leading Indicator of Remodeling Activity (LIRA).

Soaring Home Prices, Tight Supply, and Millions Face Risk of Eviction or Foreclosure: The State of the Nation’s Housing 2021

As the US economy continues to recover from the effects of the pandemic, households that weathered the crisis without financial distress are snapping up the limited supply of homes for sale, pushing up prices and further excluding less affluent buyers from homeownership. At the same time, millions who lost income are behind on housing payments and on the brink of eviction or foreclosure.

Home Remodeling Set for Stronger Growth in 2021

Annual gains in spending for improvements and repairs to owner-occupied homes are expected to be modestly higher in 2021 compared to last year, according to the Leading Indicator of Remodeling Activity (LIRA).