Growth predicted for home improvement market

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Home improvement and repair expenditures are projected to increase 6.7 in 2017, according to the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

“Growth in home prices is continuing at a healthy pace and encouraging homeowners to make remodeling investments,” managing director Chris Herbert said in a statement.

“Home sales are remaining on an upward trajectory as well and this, coupled with continued growth in remodeling permit activity, suggests another strong year for home improvements.”

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