econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result
Home Uncategorized

Residential Remodelling Much Stronger Recovery Than New Construction

admin by admin
9월 6, 2021
in Uncategorized
0
0
SHARES
0
VIEWS

Written by BuildZoom

— this post authored by Jack Cookson

Residential remodeling has recovered to 38% of the peak it attained prior to the Great Recession. New residential construction, on the other hand, is only at 17% of the peak.

home.remodel.380x240

The BuildZoom & Urban Economics Lab Index – a collaborative effort with MIT’s Center for Real Estate – has new insight on the housing recovery. The index complements coverage of October’s new construction numbers from the U.S.Census Bureau, adding a remodeling angle.

Here is the summary of the latest BuildZoom report:

  • Residential remodeling is arguably a better indicator of consumer sentiment than new construction, and is of similar importance as an indicator of national economic health.

  • Remodeling of existing homes is 14.4% above its 2009 housing bust level, but remains 17.3% below its 2005 housing boom level, and that new home construction is 40.6% above its 2009 level, but remains 59.4% below its 2005 level.

  • Year-over-year, residential new construction increased by 11.9% and residential remodeling decreased by 4.1%.

Below is a graphic covering both national indexes data followed by tables of regional data:

national.home.sales.indices.2016.octpermittingnew.homes.remodeling.2016.0ct

Below are graphics for the selected metro markets:

Click for larger images.

About the Author

jack.cookson.captionJack Cookson is a Research Analyst with BuildZoom. A San Francisco native, Jack is an urbanist who loves people, mobility, and geography. He believes in data as information that is made elegant through visualization. In his spare time, Jack enjoys surfing, skiing, rock climbing, and attending concerts.

Previous Post

Brits Want The Wealthiest To Be Taxed More

Next Post

Traders Should Manage Risk Like Control Freaks

Related Posts

Scammers Steal $300K Using Fake Blur Airdrop Websites
Uncategorized

FBI Warns Investors Of Crypto-Stealing Play-to-Earn Games

by admin
Maersk Almost Completing Russia Exit After The Sale Of Logistics Sites
Uncategorized

Maersk Almost Completing Russia Exit After The Sale Of Logistics Sites

by admin
Why Is ‘Staking’ At The Center Of Crypto’s Latest Regulation Scuffle
Uncategorized

Why Is ‘Staking’ At The Center Of Crypto’s Latest Regulation Scuffle

by admin
Mexico's Pemex Dismantled Resources Worth $342M From Two Top Fields
Uncategorized

Mexico’s Pemex Dismantled Resources Worth $342M From Two Top Fields

by admin
Oil Giant Schlumberger Rebrands Itself As SLB For Low-Carbon Future
Uncategorized

Oil Giant Schlumberger Rebrands Itself As SLB For Low-Carbon Future

by admin
Next Post

Shadow-boxing with DSGE Models

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect