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NAHB: Home renovation spending expected to boom, while homebuilder pockets bust

Feb 20, 2019By

Homebuilders around the country expect consumer confidence and demand to boost home renovation spending within the next two years, according to the National Association of Home Builders. NAHB Remodelers Chair Joanne Theunissen said although there is steady demand across the country, costs of labor and materials are the industry’s biggest challenges.