Home Remodeling Spending Projected to Grow Slowly in 2026
2 Articles
2 Articles
Home Remodeling Spending Projected to Grow Slowly in 2026
How many remodeling referrals should agents expect to hand out to past clients this year? According to the Harvard University’s Joint Center for Housing Studies (JCHS) latest update to its Leading Indicator of Remodeling Activity (LIRA), spending on remodeling is expected to grow, but slow down gradually, as the year goes on. The current year-over-year… The post Home Remodeling Spending Projected to Grow Slowly in 2026 appeared first on RISMedi…
Remodeling Growth, Trends Expected to Slow Moderately in 2026 - The MortgagePoint
The latest Leading Indicator of Remodeling Activity (LIRA) from Harvard’s Joint Center for Housing (JCHS) studies predicts that annual expenditures on improvements and maintenance for owner-occupied homes will gradually decrease through 2026. According to the LIRA, home renovation and repair spending will grow by 2.9% year-over-year (YoY) in the early part of this year, with that growth slowing to 1.6% by year’s end. “Single-family home sales a…
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