NAHB Releases Remodeling by Zip Cost Estimates for 2017

The National Association of Home Builders (“NAHB”) recently released its latest projections of spending on improvements to owner-occupied housing by zip code. The projections show total spending on improvements, the number of owner-occupied homes, as well as average spending per improvement, in each of over 26,000 zip codes for calendar year 2017.

NAHB’s improvement spending projections for 2017 are based on a statistical model developed using data from the HUD/Census Bureau American Housing Survey and Census Bureau data for its approximation of zip-code area boundaries from the American Community Survey. The   projections show the five drivers of remodeling, the number of improvement projects, average spending per improvement, and total spending on improvements, in each zip code area.

Read more at: http://eyeonhousing.org/2017/05/nahb-releases-remodeling-by-zip-code-estimates-for-2017/