Slowing of Residential Remodel Expected to Extend into 2025
Cambridge, MA, April 18, 2024—Annual expenditures for improvements and repairs to owner-occupied homes are projected to decrease this year and into Q1 2025, but at a moderating rate, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
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