Tag Archives: Home remodeling expands in December

The BuildFax residential remodeling index rose to the highest level for a December since the index began in 2004 and continues to exceed levels reached during the home-equity withdrawal boom of 2004 to 2006. The index rose 22.8% to 127.4 in December from 103.7 a year earlier. The index is down 7.6% from November when it stood at 137.9. While the index rose considerably from December 2010, “remodeling activity slowed from November to December 2011 as it did in 2010 — an expected change seen in previous years around the […]