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Industry Expert Talks Top Trends in Housing, Construction

Mischa Fisher, chief economist for Angi, talks with Roofing & Exteriors about key factors and drivers of current housing and construction industry trends. He offers expert insight into what construction industry professionals should look out for in the coming months and years.

Whether the housing market is booming or struggling, everyone wants the answer to the same question: What will happen next? An expert in economics, Mischa Fisher serves as chief economist for Angi (formerly Angie's List). He leads market research that includes the ever-important consumer spending behavior, labor market dynamics and residential housing trends. 

"Everyone knows that it's been a boom year for the entire housing sector and all the sectors related to it," Fisher said. "There are a couple of things driving it." 

A few quick takeaways from Fisher's interview on industry drivers and trends at the International Roofing Expo include:

  • On the residential side, two significant factors are driving the current housing market: demographics and the gain in home equity.
  • Commercially, new construction on buildings located outside of the city center, as well as distribution centers, is booming. 
  • The influx of new homeowners, whether in new or existing homes, heavily shapes consumer spending behavior.
  • Trends to be on the lookout for include product diversification and the continuation of a tight labor market. 
For a more in-depth look into Fisher's insights and predictions, click the video at the top of the page. 
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