Rising rates, slowing home sales expected to hurt remodelers

By: Joyce M. Rosenberg Associated Press October 22, 2018

General contractors and other small businesses in the home-remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales. That's the prediction of Harvard University's Joint Center for Housing Studies, which last week issued its quarterly report on home remodeling. The center's index of remodeling activity projects spending ...

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Rising rates, slowing home sales expected to hurt remodelers

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