Monday, September 22, 2008

Harvard Study: Home Building and Remodeling Cyclical

Mortgage News Headlines
9/22/2008  
...
  Harvard Study: Home Building and Remodeling Cyclical
  Mon, 22 Sep 2008 07:26:37 EST

Calling it "an unusually cyclical industry?with frequently alternating periods of significant growth and decline," The Harvard Joint Center for Housing Studies recently released a report on residential building cycles and the correlation between home construction and remodeling.

Understanding Remodeling Cycles by Abbe Will examines patterns of activity in homebuilding and remodeling, comparing them with overall economic activity over a 20 year period stretching from the first quarter of 1985 to the fourth quarter of 2007...


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