Harvard Report on Remodeling Industry

Harvard University’s Joint Center for Housing Studies just released its latest report on the home remodeling industry. Homeowners and rental-property owners spent a total of $233 billion on improvements in 2003, with more expensive projects like kitchen renos and new additions leading the way. Not surprisingly given the age of the housing stock and high household incomes, the Northeast and Midwest were the strongest regions.
Home Remodeling Industry [Harvard Center for Housing Studies]