Posted by: jeb1 | August 22, 2011

June Remodeling Activity at Record Level

Index up 23 percent over last year

By Jonathan Sweet, Editor in Chief
 
August 16, 2011
 
Source: Housing Zone

The remodeling market continues to grow despite the ongoing challenges of the economy, according to the latest BuildFax Remodeling Index.

June’s mark of 129.5 is the highest since BuildFax started tracking remodeling activity in 2004 and 23 percent higher than the June 2010 number. It was the 20th straight month that remodeling activity grew year-over-year, according to the index. The index was at 124.3 in May.

Read more…

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