LIRA

  • Big-Ticket Remodeling Spending Set To Revive

    Homeowner spending on major remodeling projects is starting to turn a corner and should begin showing year-over-year increases in 2010, Harvard University's Joint Center for Housing Studies says.

     
  • LIRA: Still Trending Down, but Is the Bottom Near?

    The second-quarter Leading Indicator of Remodeling Activity (LIRA) points to a slowdown in the slowdown. Phones are ringing — but for smaller jobs.

     
  • LIRA: Remodeling Activity Remains Weak

    The April 2009 LIRA report shows that with consumer confidence low and a weak housing market, remodeling activity continues to fall.

     
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    LIRA Shows Continued Decline in Homeowner Improvement Spending

    The third-quarter release of the Leading Indicator of Remodeling Activity (LIRA) predicts that homeowner improvement spending will decline at an annual rate of 12% by the second quarter of 2009.

     
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    Re-Benchmarked Leading Indicator of Remodeling Activity

    In re-benchmarking the LIRA (Leading Indicator of Remodeling Activity), the Joint Center for House Studies at Harvard University now provides smoother estimates of homeowner improvement spending.

     
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    Refigured Indicator of Remodeling Activity Predicts Further Decline

    The second-quarter 2008 release of the Leading Indicator of Remodeling Activity points to an accelerated downturn in home improvement spending. Harvard’s Joint Center for Housing Studies (JCHS) publishes the leading indicator quarterly, and on July 17 predicted that spending will continue to...

     
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    LIRA Forecasts that Recovery is on Hold Until 2009

    The latest release of the Leading Indicator for Remodeling Activity has even the most optimistic industry observers down on the market's chances to bounce back soon.

     
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    Remodeling Spending Will Continue to Drop Well Into 2088

    The third-quarter 2007 release of the Leading Indicator for Remodeling Activity (LIRA) brings more doom and gloom. The annual rate of consumer spending on remodeling, having fallen each of the past two quarters, is expected to continue to drop for the next four quarters.

     
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    LIRA Foretells Further Slowdown

    The Leading Indicator for Remodeling Activity (LIRA) echoes what many have already predicted: The industry slowdown will continue well into 2008.

     
  • Getting to Know the LIRA

    This month, we reported on an exciting new development: The announcement of the Leading Indicator of Remodeling Activity (LIRA). The LIRA predicts growth in the remodeling industry out three quarters.