Residential remodeling spending for owner-occupied single-family homes will increase 1.1 percent in 2016 over 2015, and rise an additional 1.9 percent in 2017, according to the National Association of Home Builders.
Residential remodeling spending for owner-occupied single-family homes will increase 1.1 percent in 2016 over 2015, and rise an additional 1.9 percent in 2017, according to the National Association of Home Builders.
"Our remodeler members have regained confidence in the market as home owners move forward with new remodeling projects, as reflected in the positive fourth quarter results of NAHB's Remodeling Market Index," said 2016 NAHB Remodelers Chair Tim Shigley, in a statement.