Home remodeling rises to 2006 mark
Buying a HomeResidential remodeling rose 11% in January from a year earlier in a seasonally adjusted measure, according to BuildFax. Projects grew to roughly 3 million on an annual basis, up 13% from 2.65 million in December. January’s measure is the highest since June 2006, according to Joe Emison, who oversees the project for BuildFax. All regions showed growth over January 2011, with only the Northeast on the decline from December. The South had largest number of projects at 1.12 million, making up more than one-third of U.S. remodeling. “From a macro […]