Wednesday, July 1, 2015
Posted by: Elizabeth Nicholas
US home remodeling sunny in summer and beyond - Global Sources Hardware
June 19, 2015
US home improvement projects, which traditionally peak in June, will flourish through 2015 on the back of a remodeling frenzy. In fact, a recent survey by SunTrust Banks, Inc. showed that 57 percent of homeowners plan to invest in home improvement projects this year. Moreover, the Home Improvement Research Institute expects renovations to increase nearly 6 percent YoY, 18 percent higher than 2014's growth rate.
The home improvement jag will be led by young homeowners performing routine maintenance or expanding their living spaces to accommodate growing families and incorporate more energy-efficient power sources.