Remodelers brace for deceleration
from By Michael J. Berens
The good news for remodelers, according to recent forecasts, is that demand is expected to continue to grow over the next three years. The not-so-good news is that growth will be slower than it has been for the past three years. Although many remodelers remain optimistic conditions will improve in the months ahead, some already are anticipating a decline in the fourth quarter of this year. Recently released data confirms the trend reported last month that remodeling activity remained strong in the third quarter of this year.
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