More good news this week for remodeling.
The market keeps growing, even while new construction continues to get battered. The latest is a report from BuildFax [1], which tracks monthly permit information and shows that remodeling activity increased in January for the 15th straight month and was up 22 percent over a year ago.
At the same time, NKBA members are saying they expect big growth [2] in the market this year. Seventy-eight percent of the dealers say they expect growth in the kitchen and abth market this year.
It just backs up what I've been hearing anecdotally. A lot of remodelers all over the country are telling me that activity in February and March has been great, especially in places like Washington, D.C., and Chicago.
For more on the outlook for remodeling, be sure to check out our webinar next week with Mark Richardson [3].
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