June 18, 2014
According to a recent survey from the National Association of Realtors, home prices are expected to continue appreciating over the next year, with a median price increase of 4 percent expected over the next 12 months.
“Slower sales due to tight credit conditions, declining affordability due to the recent price growth amid modest income gains, and fewer distressed sales likely account for... more »
June 10, 2014
The Window and Door Manufacturers Association has released the WDMA Window and Entry Door Industry 2014 U.S. Market Study, showing overall residential window market growth of 10 percent for 2013, with a total estimate of 44.5 million units shipped. Growth is expected to continue at a slightly slower pace for 2014 and 2015, according to the report, at 9.1 percent and 8.3 percent,... more »
May 27, 2014
Demand for windows and doors in the United States is estimated to grow 6.9 percent per year to $31.9 billion by 2018, according to a new study by The Freedonia Group. Plastic windows and doors will see the most growth at 8.2 percent per year, while metal and wood windows and doors will grow 6.7 percent and 6.2 percent each year, respectively, according to Freedonia.
The study shows the... more »
May 20, 2014
Sales of windows and doors in China are expected to rise 8.1 percent per year to $91.3 billion in 2017, primarily fueled by strong growth in both residential and nonresidential building, according to a recent Freedonia study.
Demand for windows is projected to rise 7.8 percent per year to $60.2 billion in 2017, with plastic as the fastest growing materia. Demand will benefit from the superior... more »
May 16, 2014
Total housing production rose 13.2 percent for the month to a seasonally adjusted annual rate of 1.07 million units, but single-family production remained flat, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
“The flat single-family data confirm our latest surveys, which show that single-family builders remain... more »
May 2, 2014
Driven by the new construction market, total residential window volumes are expected to continue to increase at double-digit rates to 48.4 million units in 2014 and 54.6 million units in 2015, according to the AAMA 2013/2014 Study of the U.S. Market for Windows, Doors and Skylights. The report, compiled by the American Architectural Manufacturers Association, provides details for geographic... more »
April 22, 2014
First-quarter 2014 Remodeling Business Pulse data from the National Association of the Remodeling Industry shows current condition ratings fell significantly in March, dropping to 6.07 from 6.41 in December, NARI reports.
"The harsh winter seemed to have played a role in the decline of our numbers this quarter," says Tom O'Grady, chairman of NARI's Strategic Planning... more »
January 21, 2014
The National Association of the Remodeling Industry reported continued fourth-quarter growth for the remodeling industry in its most recent Remodeling Business Pulse data. According to NARI, remodelers rated businesses conditions at a 6.51, on a rating scale from 1 to 9 where 1 is much worse than a year ago and 9 is much better; 5 is about the same as last year. “Many remodelers... more »
January 7, 2014
The American Architectural Manufacturers Association and the Window & Door Manufacturers Association jointly released the December update to the AAMA/WDMA 2012/2013 U.S. Industry Statistical Review and Forecast, which reports information on window, door and skylight market trends and product relationships. The revised report states: ... more »
December 17, 2013
Company acquisitions, Energy Star Version 6.0, tax credits and new product developments topped the news in 2013 for the window and door industry. Following is a look back at the year in review.
2013 saw a number of acquisitions in the window and door market, including Ply Gem Industries’ purchase of Gienow Windows & Doors. In an effort to expand its... more »