Content about VP research and development

February 14, 2012
Remodeling slows during the holidays

Residential remodeling activity rose 22.8% year-over-year in December 2011, according to an index compiled by BuildFax, a national database of building permit data. Residential remodels in December were down month-over-month by 7.6% but up year-over-year 23.6 points from the December 2010 value of 103.8.

October 19, 2011
Remodeling reaches record levels

Residential remodeling activity hit a record high in August 2011, rising 29% in year-over-year comparisons, according to an index compiled by BuildFax, a national database of building permit data. It was the 22nd consecutive month of increases and the highest level of remodeling activity since the index was introduced in 2004.


September 28, 2011
Remodeling continues to soar

June 17, 2011
Remodeling activity up for 18th consecutive month

Residential remodeling activity continued to rise across the United States, showing a 15% increase in April 2011 in year-over-year comparisons, according to an index compiled by BuildFax, which uses a national database of building permit data. 

The latest BuildFax Remodeling Index (BFRI) indicates that residential remodeling activity registered its eighteenth-straight month gain.

May 16, 2011
Remodeling activity climbs everywhere but Midwest

Residential remodeling activity in March 2011 rose 14% in year-over-year comparisons, according to an index compiled by BuildFax, which uses a national database of building permit data. All regions of the country showed gains with the exception of the Midwest, which posted a decline in remodels.

The same trend held true in year-over-year comparisons. The BuildFax Remodeling Index (BFRI) for March 2011 registered 17 straight months of year-over-year gains.