Residential remodels slipped 6% sequentially in December and 6% Y/Y, according to BuildFax. This...

|By:, SA News Editor
Residential remodels slipped 6% sequentially in December and 6% Y/Y, according to BuildFax. This came despite a 39% increase in the Northeast following Sandy. Of note, the index is calculated by number of permits, so it leaves off jobs without a permit (that would be 100% in our house), and doesn't adjust for the value of the jobs.