More Good News For the Remodeling Industry As Existing Home Sales Remain High

摘要

According to the National Association of the Remodeling Industry (NARI), the outlook is still good for remodeling contractors. Existing home sales as published by the National Association of Realtors (NAR) were up by an unexpected 6.1 percent in October. "This is great news for the remodeling industry," said Kevin McNulty, executive vice president and chief operating officer of NARI. "Recent homebuyers are an active spending group within the remodeling industry, accounting for more than 25 percent of the total dollars spent on remodeling in the U.S. in 2001."