January 26, 2016
Spending on residential remodels will keep climbing, according to the National Association of Home Builders. Professional remodelers from around the country agreed with the forecast, citing clients' increased financial security.
NAHB projects that remodeling spending for owner-occupied single-family homes will increase 1.1 percent in 2016 over 2015, and another 1.9 percent in 2017.
"After... more »
January 19, 2016
Denver topped the list of the hottest housing markets in 2016, according to a survey by Zillow. The Rocky Mountain tech hub beat Seattle and Dallas-Fort Worth for the top spot, driven by a convergence of metrics.
The survey looked at cities’ income growth, unemployment rate, and forecasted home value appreciation. Omaha had the lowest unemployment at 2.9 percent, Richmond, Va. had the... more »
December 16, 2015
Mergers and acquisitions were widespread in 2015, as two dozen window and door companies made investments or sold assets. This followed the national trend of massive corporate mergers across a variety of industries—i.e. Marriott (Starwood), Walgreens (Rite Aid), Anheuser-Bush (SABMiller), Dell (EMC), Anthem (Cigna) and AT&T (DirecTV), to name a few.
“Participants are seeking... more »
September 24, 2015
New construction starts in August dropped 11 percent to a seasonally adjusted annual rate of $554.5 billion, according to Dodge Data & Analytics. During the first eight months of 2015, however, total construction starts on an unadjusted basis were $446.1 billion, up 15 percent from the same period in 2014.
“While August construction starts were notably subdued compared to recent months... more »
July 13, 2015
The $8.3 billion market for windows and patio doors in residential and light commercial uses will experience an average growth rate of 7 percent through 2017, according to a new Principia Report. This comes after a time that windows and patio doors manufacturers made only incremental changes since the housing crisis, when manufacturers cut their research and development budgets due to the... more »
March 17, 2015
Housing starts fell way below the previous month's mark in February, according to Hardware+ Building Supply Dealer, though the dip was consistent with seasonal patterns from a year prior.
The report goes on to state that starts were at a seasonally adjusted annual rate of 897,000 last month, 17 percent below the revised January estimate of 1,081,000.
The data for building permits suggests good... more »
February 17, 2015
Market research and consulting firm Fry Consultants Incorporated will update its ongoing Canadian Residential Window and Exterior Door Multi-Client Study. The study will provide data and information for unit sales and growth trends from 2015 through 2017, alternative (e.g. hybrid/composite) windows, sales channel changes, provincial/regional differences, emerging trends and threats, and other... more »
December 17, 2014
News regarding Energy Star, the acquisitions of Simonton Windows and Hurd Windows and Doors, and new executive appointments topped the list of most-clicked stories on WindowandDoor.com in 2014. Among the Talk topics garnering the most discussion this year were the buying mentality among consumers, product performance and labor issues.
Energy Star continued to be a hot topic... more »
October 14, 2014
Shipments of residential entry doors continue their upward trend, with the majority slotted for new construction applications, reports the Window & Door Manufacturers Association in its WDMA Entry Door Industry 2014 U.S. Market Report. The number of residential exterior doors shipped in 2013, including side-hinged entry, sliding patio and hinged patio doors, grew 6 percent last year and... more »
September 8, 2014
The global door market is expected to grow through 2019 due to rising construction activities across the globe, according to a Transparency Market Research study. In addition, the growing demand for doors for safety purposes such as fire and security, implemented in industries due to rising safety regulations is expected to drive the market.
The global market for doors has been significantly... more »