Healthy Gains Predicted by LIRA in 2016.

The article reports on the result of the Leading Indicator of Remodeling Activity (LIRA) from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, which projects healthy gains of expenditures for home improvements in the U.S. in 2016. According to Joint Center managing director Chris Herbert, the annual spending growth is driven by the recovery in the owner-occupied housing market.