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BuildFax's home remodeling index climbed to 2.89M projects in February data, up 3% M/M and 23%...
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Monday, April 16, 2012, 2:10 PM ETBuildFax's home remodeling index climbed to 2.89M projects in February data, up 3% M/M and 23% Y/Y, marking a post-recession high and coinciding with Piper Jaffray's survey suggesting pent-up consumer demand for home improvements. The index is based on construction permits for residential remodeling projects filed with local building departments. HD +1.7%, LOW +1.2%.
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