ESA on EHS: Existing-home sales fell 14.2% year-over-year as prices continue to surge upward. More inventory is becoming available, possibly due to a high cancelation rate (15%) in June.

July 2022 marks the HMI’s (Housing Market Index) largest drop in its history, outside of the post-pandemic shock of April 2020.

ESA on EHS | Home prices up 15%, sharp interest rate hikes, huge inflation and scant inventory all make for a stressed housing market.

esa-on-ehs-feb-2022

ESA on EHS | The US housing market posted some ugly indicators in February, with near-record low inventory and huge price hikes (+15%).

ESA on EHS | US existing home sales decreased year-over-year in September. Prices continued upward. A staggering 86% of homes sold were on the market less than 1 month.

HVAC Contractors continue to pivot and innovate to meet the new demands and needs of a post-pandemic marketplace.

home-improvement

A renewed focus on the home during the pandemic has provided a prolonged resurgence in home improvement goods and services.

Not hampered by the pandemic as much as other industries, the roofing biz remains viable. Here’s what’s driving the business in 2021.