Building Market Intelligence

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Hurricanes’ Historical Impact on Construction

As Hurricane Matthew heads toward the East Coast of the United States, our thoughts are with our team members, family members, and millions of others along the Southeast coast. Hurricanes obviously have a big impact on the construction business. Here …

Homeowners Remodeling Rather than Moving

Homeowners are remodeling rather than moving. We know this because “big-ticket” remodeling revenue is surging, while homes for sale as a percentage of occupied households has hit an all-time low. Home builders and resale agents voice frustrations, while remodeling contractors …

Census Revises Remodeling Estimates to Match Our Index

Repair and remodeling spending grew 5%+ last year, just as we predicted. On January 4, the Census Bureau announced a significant revision to their residential improvement spending estimates due to a calculation error. Based on our knowledge of the market, …