High Inflation and Recession Fears Aren’t Enough to Slow a Red-Hot Remodeling Industry
Pro Builder
DECEMBER 28, 2022
Homeowners are projected to spend $448 billion nationally in the first quarter of 2023, according to the Harvard Joint Center for Housing Studies, a 34.1% increase from Q1 2020. Even if we are in a recession in 2023, I wouldn’t necessarily expect the renovation market to decline.”
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