Friday, February 22, 2013

Buildfax: Home remodeling down 8 percent in West region since December 2011

According to Buildfax, remodeling activity during December 2012 was down 8 percent from December 2011 in the U.S. West region. Data is based on counts of remodels authorized by building permits in the U.S. This was the smallest year-over-year increase among all regions.

According to the press release:

Regional Residential RemodelingSeasonally-adjusted annual rates of remodeling across the country in December 2012 are estimated as follows: Northeast, 636,000 (up 39% from November and up 37% from December 2011); South, 1,088,000 (down 13% from November and down 1% from December 2011); Midwest, 596,000 (down 8% from November and down 17% from December 2011); West, 777,000 (down 16% from November and down 8% from December 2011).