Remodeling Spending Is About to Hit $518 Billion — But the Boom Is Already Losing Steam
By the end of this year, American homeowners will have poured an estimated $518 billion into remodeling, repairs, and home improvements, according to the Leading Indicator of Remodeling Activity (LIRA) from Harvard’s Joint Center for Housing Studies. That is a genuinely enormous number, real money changing hands for new kitchens, replaced roofs, finished basements, and … Read more