Article by:
Harrison Kral
Over the last year, the remodeling industry in the U.S. has gradually recovered from the economic slowdowns and obstacles caused by COVID-19. Industry experts are now predicting residential remodeling could expand even further over the next two years, as renovation projects are set to grow increasingly popular across the country.
During a panel for remodelers at last week’s National Association of Home Builders IBSx virtual event, NAHB officials predicted remodeling spending on owner-occupied single-family homes will go up four percent this year, then increase another two percent in 2022. Read full home services article here.
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