Luxury real estate market projected to exceed $330B by 2030
While much of the U.S. housing market faces affordability pressures and elevated mortgage rates, the luxury sector continues to expand. A new Mordor Intelligence report projects the high-end residential market will exceed $338 billion by 2030, up from roughly $289 billion today. The firm reports tha
Home improvement contractors remain cautiously optimistic despite slowdown
Most home improvement contractors are still optimistic about the future of the market, but headwinds such as material costs and reined-in consumer spending are weighing down expectations. The Q3 Contractor Activity Tracker, released by The Farnsworth Group and Home Improvement Research Institute, f
Supreme Court’s tariffs case could have minimal impact on construction costs
The Supreme Court could decide on the legality of many of the Trump administration’s tariffs within months, but the ruling won’t impact many of the administration’s levies on imported construction materials such as lumber, steel, aluminum and copper. The case before the Supreme Court contests the l
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