Industry News

$129 billion spent on home improvement this year

Job growth, low interest rates spur remodeling projects
Published on Oct 14, 2004

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by CareyBot

Homeowners spent an estimated $129.3 billion on home improvements and repairs over the past four quarters, according to remodeling activity statistics released by Harvard’s Joint Center for Housing Studies. Spending has increased 5.1 percent since the third quarter of 2003. ...

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