Latest News

  • One-third of homeowners used a credit card to pay for home renovations in 2017, according to a study released by Houzz Inc. in collaboration with Synchrony. Consumers charged $141 billion in home improvement product and service purchases to their credit cards in 2017, a 69 percent increase from 2011 ($84 billion).  Significantly, half of renovating homeowners used cash and no other form of... more »
  • Source for graph: NAHB The National Association of Home Builders’ Remodeling Market Index posted a reading of 58 in the third quarter of 2018, remaining stable from the previous quarter. The RMI has been consistently above 50 since the second quarter of 2013. A reading above 50 indicates that more remodelers report market activity is higher compared to the prior quarter than report it is... more »
  • Houzz Inc. released the Q4 2018 Houzz Renovation Barometer, which tracks residential renovation market expectations, project backlogs and recent activity among businesses in the construction sector and the architectural and design services sector. The Barometer points to a strong outlook for the home renovation market in the last quarter of the year. “Home renovation professionals... more »
  • A growing economy and positive momentum in the housing market are fueling optimism in the residential building products market, according to the Building Products Insider, an industry report released by Brown Gibbons Lang & Company. The report fins that strategic merger and acquisitions activity remains high and is broad-based, with buyers aggressively pursuing acquisitive growth to increase... more »
  • U.S. demand for residential windows and doors is forecast to rise 3.7 percent annually to $24.4 billion in 2022, according to the report, Residential Windows and Doors, by Research and Markets. Sales will rise on new housing construction activity, increased spending on remodeling projects, and growing demand for high-value, more aesthetically pleasing windows and doors sold at higher price... more »
  • According to newly released data from the U.S. Department of Housing and Urban Development and the Department of Commerce, total housing starts moved up 0.9 percent in July to a seasonally adjusted annual rate of 1.17 million units. The July reading of 1.17 million is the number of housing units builders would begin if they kept this pace for the next 12 months. Within this overall number, single... more »
  • According to a new research report by Global Market Insights Inc., the total commercial and residential window and door market is forecast to cross $260 billion by 2024 with projected gains of 3.5 percent over 2018-2024. Construction industry growth, including both commercial and residential building, is expected to boost market size.  The report suggests that the residential window and door... more »
  • Half of homeowners on Houzz plan to begin or continue renovations, according to the seventh annual Houzz & Home survey, which finds that renovation activity and spending was strong in 2017, with 58 percent of homeowners renovating their homes at a median spend of $15,000.   Consistent with the previous two years’ findings, renovating homeowners tackled a range of spaces, systems... more »
  • The American Architectural Manufacturers Association released the "AAMA 2017/2018 Study of the U.S. Market for Windows, Doors and Skylights." The bi-annual report offers information on residential market trends and product relationships for windows, doors and skylights. Forecasts are based on projections of construction activity as of March 2018. According to the study, total... more »
  •   Click image for larger view.  Houzz Inc. released the 2018 Houzz U.S. State of the Industry, presenting findings from a survey of nearly 3,400 professionals in home renovation firms in the Houzz U.S. community that offer services related primarily to residential renovation and/or design. The State of the Industry reveals that companies across all industry sectors anticipate revenue... more »