Thursday, December 19, 2013

Remodeling activity in West up 8 percent

The Buildfax Remodeling Index for October:

Residential remodels authorized by building permits in the United States in October were at a seasonally-adjusted annual rate of 3,266,000. This is 2% up from the revised September rate of 3,171,000 and is 1 percent above the October 2012 estimate of 3,183,000.
Regional Residential Remodeling 
Seasonally-adjusted annual rates of remodeling across the country in October 2013 are estimated as follows: Northeast, 727,000 (down 16% from September and down 16% from October 2012); South, 1,280,000 (up 7% from September and down 10% from October 2012); Midwest, 718,000 (down 8% from September and up 15% from October 2012); West, 817,000 (up 6% from September and up 8% from October 2012).