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Remodeling activity reaches record levels; offers opportunity for glass retailers

Post Time:Sep 19,2011Classify:Industry NewsView:83

Residential remodeling activity rose again in July, marking the 21st straight month of growth, according to the BuildFax Remodeling Index. The July 2011 index rose 24 percent year-over-year to 130.4, the highest number since the BFRI was introduced in 2004.

Activity in theNortheast was up half a point (.7 percent) from a year earlier, as was the West, up 26 percent. Activity in the South grew 7 percent compared to July 2010, and Midwest activity levels rose 5.6 percent.

Therehas been an upswing in the sales of building materials and the number of renovations greater than $10,000, BuildFax officials said in a release.

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Source: http://www.glassmagazine.com/news-item/retail/remodeling-activity-reaches-record-levels-offers-opportunity-glass-retailers-118799Author:

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