Home remodeling spending expected to slow over the next year
After years of feverish remodeling activity, Americans are starting to cool on home improvement projects.
The annual gain in homeowner spending on home improvements and repairs is expected to drop from 6.3% during the current quarter to less than 1% by the second quarter of next year, according to the Leading Indicator for Remodeling Activity from the Joint Center for Housing Studies of Harvard…
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