«While remodelers are continuing to struggle, we expect the rest of 2010 to be a period of stabilization for remodeling, with the first stages of recovery emerging by the end of the year, followed by a more
robust recovery beginning early next year,» said NAHB Chief Economist David Crowe.
Not exact matches
(Because these measurement periods
began in 1975, right after a major market decline, they include a few
robust recovery years.
Metro markets that were earliest to
begin their
recoveries and that had been showing the most
robust home value appreciation throughout much of the year, including Southern California and the Bay Area, largely cooled off in the fourth quarter.