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rest of their post-downturn
                                                                                      history.  It’s possible that
                                                                                      the 2013-2016 growth in the
                                                                                      incidence of these larger scale
                                                                                      projects represented in part a
                                                                                      backlog of jobs put off during
                                                                                      the downturn that has now
                                                                                      largely been worked off.  In
                                                                                      contrast, the percentage of
                                                                                      remodelers reporting window
                                                                                      and door replacement as a
                                                                                      common project has been
                                                                                      declining over a longer
                                                                                      period and has now reached
                                                                                      its lowest point since the
                                                                                      inception of NAHB’s RMI survey
                                                                                      in 2001.  Although the survey
              percent the previous year), room additions were                         doesn’t explain why, we note
              down eight points (from 37 percent), and window      that NAHB’s remodelers face competition in this
              and door replacements were down six points           space from some manufacturers of replacement
              (from 36 percent in 2016).                           windows who perform their own installations—a
               Although the whole house remodeling and room        factor not affecting the other types of remodeling
              addition percentages were down year-over-year,       listed in the survey.
              they remain relatively strong compared to the                                            NAHB MAY 2018















































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                                            JUNE 2018  |  GREATER SAN ANTONIO BUILDERS ASSOCIATION
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