SINGAPORE – Commodities sales manager Ong Aik Poh was supposed to move into his new flat in Tampines in the very first quarter of 2023, but the flat’s renovation will be done only at the end of the 12 months due to manpower lack. As a consequence, Mr Ong, 40, […]
Spending
Growth in home renovation spending is expected to soften next year as fewer property owners fix up their homes in preparation for sale, the latest report from the Joint Center for Housing Studies of Harvard University said. The study forecasts that year-over-year gains will slow to 10.1% by the end […]
About a year after the onset of the pandemic, Kathy Lange-Novak and her husband, Frank Novak, decided it was time to update their Fitchburg home. After 26 years, the floors, countertops and appliances were showing their age, and the couple thought they needed to upgrade before putting the house on […]
Houzz and Home renovation survey Home renovation activity and spend have reached the highest rates reported since 2018, according to the 11th annual Houzz & Home survey of nearly 70,000 U.S. respondents. More than half of homeowners renovated their homes in 2021 (55%), up from 53% in 2020 and 54% […]
Total construction spending continues to roar ahead of its 2021 pace, led again in March by another double digit increase in the residential component. The U.S. Census Bureau says the investment in all types of construction was at a seasonally adjusted rate of $1.731 trillion in March, an 0.1 percent […]
©Shutterstock.com It has been a long time coming, but you’re finally ready to remodel your kitchen. You’re currently in the planning stages, and you’re seeking advice on ways to transform your space on a budget. A mid-range kitchen remodel ranges in price from approximately $26,214 for minor updates to $75,571 […]