Access to credit coupled with continued uncertainty among both consumers and homebuilders continue to stunt growth in the housing market and related kitchen/bath industry, experts are saying.
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cabinet and vanity sales
The nation’s housing market, despite some positive fundamentals such as favorable affordability, continues to languish under the weight of consumer uncertainty and sluggish economic growth.
The nation’s housing market continues on its slow, unsteady path toward recovery, with the spring home-buying season expected to provide a boost to both sales and new residential construction, analysts said last month.
Upward Trend Continues for Housing
The nation’s housing market is expected to witness gradual improvements in 2011 as an economic recovery takes hold and consumer confidence continues to rise, most analysts are reporting.
Modest Housing Uptick Seen as 2011 Unfolds