Home remodeling activity continues ascension: BuildFax

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 · BuildFax, which tracks the numbers of municipal building permits given out for remodeling projects across the country, reported that June 2011 became the month with the highest level of remodeling.

Home Remodeling Activity Climbs in Most Areas of the U.S. by Shannon Bryant | 2 minute read residential remodeling activity in March 2011 rose 14% in year-over-year comparisons, according to an index compiled by BuildFax, which uses a national database of building permit data.

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The remodeling market continues to grow despite the ongoing challenges of the economy, according to the latest BuildFax remodeling index. june’s mark of 129.5 is the highest since BuildFax started tracking remodeling activity in 2004 and 23 percent higher than the June 2010 number.

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, 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.

Remodeling Reaches Record Levels In June Even as the economy continues to struggle and home sales sag, the remodeling industry continued to be a bright spot in June, according to BuildFax, which tracks building, remodeling and repair data on more than 70 million homes nationwide. The BuildFax Remodeling Index shows that June 2011 became the.

Fannie Mae: Housing starts to triple by 2013 to nearly 1.5 million  · Housing starts are forecast to rise by 27 percent this year, with a jump of nearly 50 percent in 2013. Yun also expects continued gains for both new and existing home sales. So far this year, existing home sales have been nearly 8.0 percent above last year, while new home sales are up nearly.

BuildFax remodeling index details February Home Remodeling Activity Real Estate Index Provides Only Source of National Remodeling Data April 18, 2011 08:00 AM Eastern Daylight Time

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