Harvard JCHS: remodeling spending heats up in 2018

​​​​CAMBRIDGE, Mass. – Annual growth in home improvement spending is expected to be widespread across the country’s largest metros in 2018, according to a new model developed by the Remodeling Futures Program at the Harvard Joint Center for Housing Studies.

San Antonio-New Braunfels will lead Texas in improvement spending growth, growing an expected 12 percent annually. Dallas-Fort Worth-Arlington will follow closely behind at 11 percent. 

Austin-Round Rock and Houston-The Woodlands​​-Sugar Land will also increase improvement spending, growing 10 percent and 5 percent, respectively.  

According to the model, all 50 metros studied will increase annual improvement spending. 

These projects mirror the national projects for the Remodeling Future’s quarterly Leading Indicator of Remodeling Activity, which predicts that national spending will grow by over 7 percent in 2018. 

The model uses two decades of home improvement spending as benchmark data.