August 13, 2013
McGraw Hill Construction forecasts a six percent climb in total new construction starts for 2013, with single-family housing advancing 28 percent in dollars or 24 percent in the number of dwelling units, to 640,000. The inventory of new homes for sale is currently very low, which should spur more construction, McGraw Hill predicts in its Aug. 12 Midyear Update to the 2013 Construction... more »
July 31, 2013
General strengthening in the housing market over the past 18 months is translating into increased spending on home improvements, according to the Leading Indicator of Remodeling Activity released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling contractors have reported improving market conditions for the past four quarters, and are... more »
July 18, 2013
When the doorbell rings, 30 percent of consumers would like X-ray vision to be able to see who on the other side of the door, according to new nationwide survey. Sponsored by VTech Communications Inc., a manufacturer of a new line of video doorbell phone systems, the 2,000-person survey found that 22 percent of respondents wanted an intercom to engage with the visitor and wanted to continue... more »
June 27, 2013
Through 2017, global demand for windows and doors is expected to rise 7.1 percent annually to $223 billion, significantly exceeding the growth rate of the 2007-2012 period, according to a new study from the Freedonia Group Inc. Growth will be driven by recoveries in the building construction markets of many developed countries, although gains will be somewhat exaggerated by a weak 2012 base,... more »
June 20, 2013
Home builders and lumber dealers are reporting significant shortages of key home building materials such as lumber and wall board, according to recent surveys by the National Association of Home Builders and the National Lumber and Building Material Dealers Association.
"Supply constraints are one of the barriers to a more robust recovery," says David Crowe, NAHB chief economist. "... more »
June 12, 2013
Whether manufacturers have direct interactions with their customers or whether they depend on a dealer base, customers ultimately hold the brand responsible for their satisfaction, according to the J.D. Power & Associates 2013 Windows and Patio Doors Satisfaction Study released today.
Now in its seventh year, the study measures satisfaction among customers who purchased new windows or patio... more »
June 4, 2013
Kate Smith, a national color expert who works with Therma Tru Doors, is advising homeowners to match the color of their entry doors to their personalities to give guests a “preview” of the owner inside the home.
“An entry door painted a bold shade of orange says, ‘I’m friendly, fun-loving and enjoy getting together with people,' so that’s the color for an... more »
April 25, 2013
Buoyed by rising home prices throughout much of the nation, both single- and multifamily housing starts are expected to post double-digit gains over last year in 2013. However, headwinds continue to hold back even stronger growth as the housing recovery evolves, according to economists at the National Association of Home Builders' Spring 2013 Construction Forecast Conference Webinar.
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April 18, 2013
Spending by homeowners on improvement projects is expected to accelerate as the year progresses, according to the Leading Indicator of Remodeling Activity released April 18 by the Joint Center for Housing Studies of Harvard University. On top of the almost 10 percent growth reflected in U.S. Census Bureau figures for 2012, the LIRA projects strong gains in homeowner remodeling spending... more »
April 9, 2013
The 2013 forecast for construction-put-in-place is up 8 percent―$918 million―over 2012, according to consulting and investment firm, FMI. Even with the strong improvement, however, FMI does not expect annual construction to go above the trillion-dollar mark until 2015.
Residential buildings have shown the most improvement. While single-family construction was up 23 percent, multifamily... more »