Home remodeling growth to soften through 2011

A still-stalled housing recovery and concern over the pace of economic growth nationally are likely to generate only modest gains in home improvement spending this year, according to the Leading Indicator of Remodeling Activity released April 21 by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA projects annual growth slowing throughout the year with spending up only 0.2 percentin 2011, according to an April 21 release from the Harvard University Joint Center for Housing Studies.

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