Renovation spending will slow in 2020 after record-setting year, Harvard report says

Renovation spending will slow in 2020 after record-setting year, Harvard report says
While renovation spending rose to a record at the end of June and will reach a new high by the end of 2019, a slowdown is on the horizon. Americans spent $322 billion on remodeling and home repairs during the 12 months ending in June, a 6.8% jump from a year earlier, according to Harvard University’s Joint Center for Housing Studies. However, 2020 will be a different story.
Source: https://www.housingwire.com/rss