Remodeling Spending Expected to Increase 1.2% in 2025

After two years of decline, spending for residential remodeling is projected to increase 1.2% in 2025, according to the Joint Center for Housing Studies of Harvard University’s Leading Indicator of Remodeling Activity.

JCHS is attributing a solid labor market, rising home values and continued improvement in existing home sales to the projected increased activity in home remodeling and repair.

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