August 5, 2014
The construction industry's recovery is uneven, according to analysis of government data by the Associated General Contractors of America, as the sector added 22,000 jobs in July, but suffered a pullback in spending in June.
"Construction employment and spending are both rising at a moderate year-over-year clip, but there have been some setbacks," says Ken Simonson, the... more »
July 23, 2014
The second-quarter 2014 Remodeling Business Pulse survey from the National Association of the Remodeling Industry showed an increase in all current remodeling market indicators, according to a NARI release issued July 23. Remodelers are currently seeing growth, from conditions in March, which had seen a decline in business conditions during the first three months of 2014, NARI reports. ... more »
July 17, 2014
Builder confidence in the new, single-family homes market rose four points in July to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index released July 16. Any reading over 50 indicates that more builders view sales conditions as good than poor.
The NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and... more »
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 »