Housing Trends

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The slowdown in home improvement spending could be ending

A new report suggests spending could pick up in 2025

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If you are considering a home improvement project requiring a contractor, it may be wise to start looking for one sooner rather than later. According to a new report from the Harvard Joint Center for Housing Studies, the lull in remodeling activity may be coming to an end.

The report predicts home repairs will begin trending higher in 2025 after pulling back this year. The Center’s Leading Indicator of Remodeling Activity (LIRA) projects that declines in annual spending ...

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