Improving America's Housing 2009: The Remodeling Market in Transition

Harvard Joint Center for Housing Studies

Like the overall housing market, the US home improvement industry is mired in a severe downturn. Coming on the heels of unprecedented growth over the past decade, this reversal has created difficult challenges for both homeowners that need to make improvement decisions and firms that serve this market. Indeed, by the time the recovery begins, the entire industry is expected to undergo a marked transition on both the demand and supply sides.

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