Found 1 blog entry tagged as home-remodeling.

Remodeling projects were a staple of the pandemic for many homeowners. That activity is starting to wane, but some experts say activity could pick up again in the coming years. IMAGE PROVIDED BY GETTY IMAGES (ARPAD BENEDEK)

Austin Business Journal writes, "home-remodeling activity, which boomed during the height of the Covid-19 pandemic, is beginning to taper off from what experts say was unsustainable growth, but current conditions in the housing market may ultimately provide medium-term tailwinds for the sector.

Harvard University's Joint Center for Housing Studies' most recent Leading Indicator of Remodeling Activity, a quarterly assessment of future demand for remodeling projects, is projecting a decline for remodeling activity beginning early next year. Its forecast also calls for activity for the current year to end at a 3% annual growth from the previous year, a deceleration from pandemic years — where double-digit annual growth was typical.

Abbe Will, a…

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