News


Home remodelers see more activity as severe weather ebbs

Gains tempered by labor shortages for work on remodeling projects

Remodeler confidence improved in the second quarter of 2015 as the country sprang back from the severe winter, according to the National Association of Home Builders (NAHB).

More remodelers reported market activity is higher compared to the prior quarter.

"The confidence in the remodeling industry has been in positive territory as the entire housing industry's situation continues to improve," said NAHB Remodelers Chairman Robert Criner, a remodeler from Newport News, Va. "With an increase in existing home sales, remodelers received more signed contracts and calls for pricing."

Major additions gained steam in the second quarter of 2015 with smaller remodeling jobs continuing to show strength.

"The rebound in remodeler confidence tracks the overall arc of the housing industry as it gains strength through new and existing home sales," said NAHB Chief Economist David Crowe. "Gains are tempered by ongoing labor shortages for work on remodeling projects."

Comments

Sorry, but further commenting on this topic has been closed.

Couples: Drop Your Keyboard!
By Chandrama Anderson | 1 comment | 7,527 views

Scott Raty bows out as CEO of Pleasanton Chamber
By Jeb Bing | 0 comments | 250 views

 

Nominations due by Sept. 17

Pleasanton Weekly and DanvilleSanRamon.com are once again putting out a call for nominations and sponsorships for the annual Tri-Valley Heroes awards - our salute to the community members dedicated to bettering the Tri-Valley and the lives of its residents.

Nomination form