Posts tagged Habitat

Washington, DC (openPR) 5 May 2010

Hanley Wood reported 1Q 2010 restructuring Residential Index (RRI), the extent of the rebuilding activity nationwide has a bottom is reached in the first quarter of this year and expects an increase of 1% in the second quarter of 2010, the improvement in the first quarter to quarter in two years.

level of remodeling activity nationwide has reached a low in the first quarter of this year, according to the latest edition of the restructuring of the housing index (RRI) by Hanley Wood. The first quarter seasonally adjusted RRI National Composite fell by less than 0.2% over the last quarter of 2009. The IPP is an increase of 1% in the second quarter of 2010, the improvement in the first quarter after the quarter in two years.

During the second quarter of 2010 forecast a year to 2% decline from the previous year, further accelerating the transformation of Hanley Wood forecasting activities by the end of 2010 and early 2011. This growth was recorded with the growth in 2005 and compete in early 2006.

? Our new forecast for the renovation is a significant change in our view, the beginning of the year,? Said Jonathan Smoke, Hanley Wood? s Senior Vice President of Market Intelligence Products & Innovation and the architect of the ISR. â?? Earlier this year, well, we? t see the improvement of the conditions by 2011. But the wind turbines first quarter? Have seen a slight increase in activity in many markets and therefore it seems that the industry has the bottom of this downturn.â> ????

? Not all markets recover, â?? Rauch said, noting that when multiple MSAA? s are above the RRIâ? s basic level 100, still partly under 50 indicates that they have less than half the volume of projects compared with 2007. â?? Remodelers in Washington, DC, MSA with the highest score in the first quarter of the RRI, are in much better position than in Akron, Ohio, considered one of the lowest values, A was? Smoke said.

The IPP

confirms anecdotal evidence of increased activity reconstruction. can get “We have a good message heard in many markets, especially about the products and projects, tax credits and incentives to increase the funding, â??, Said Rick Strachan, Hanley Wood? S Executive Director residential restructuring.

About

index residential restructuring

The IPP is a quarterly measure of the activity of reconstruction in 366 metropolitan statistical areas (MSA) in the United States, with the composite reflects the national level of activity. â?? Activityâ? includes renovation and replacement projects, but not the maintenance or projects of less than 0. The seasonally adjusted index indicates the relative level of activity in the specified geography (national MSA or composite) compared with 2007 (base year). A number above 100 indicates a level of conversion activity is higher than the level of activity in the spring of 2007, which was the peak of remodeling activity during the past decade.

The index is produced by a statistical model to detailed data on the rehabilitation work on the budget modification approval, and the consumer reporting projects and replacement remodeling basis. Historical quarterly results for the composite and for each country of the 366 Metropolitan Statistical Areas in the United States from 2004 on.

Hanley Wood

Hanley Wood, LLC, is the leading media company serving construction and housing. Through four operating divisions, the company produces award-winning magazines and Web sites known, fairs and events, rich data and custom marketing solutions. The company is also in North America? S leading provider of home plans.

founded in 1976, Hanley Wood is one of the ten largest media company B to B in the United States. Hanley Wood is by affiliates of JPMorgan Partners, CCMP Capital Advisors uses the property in order to manage these investments.

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Renovation