Remodeling activity maintains momentum
from By Michael J. Berens
Riding a solid growth trend at the end of last year, remodeling activity continued its upward trajectory in the first quarter of 2018. Business indicators were positive across the board, with remodelers reporting increases in projects and revenues. Industry experts forecast sustained growth throughout 2018 and into 2019. In releasing the results of its Q1 2018 Residential Remodeling Index (RRI), MetroStudy announced remodeling activity in the first quarter had its strongest year-over-year performance in four years and strongest quarter-over-quarter performance in five years.
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