Siding Sales on the Rise
- June 4th, 2010
- In: Brick Siding, Fiber Cement, Stucco, Vinyl Siding, Wood Siding
- By: Rob Sabo
Sharp declines in housing starts stalled sales of all types of siding, but a recent report published by industry market research company Freedonia Group of Cleveland projects a 6.5 percent increase in siding sales through 2014. Total siding market sales in 2014 are project to exceed $11.3 billion. What's Driving Increased Siding Sales? The return of residential home construction throughout the U.S. is the primary driver of the uptick in siding sales, the Freedonia report says. As the nation moves past the downturn in new housing starts experienced in 2007 through 2009, and the nation's large home builders return to new home construction, the market is expected to rebound, albeit not quite at the same level of its height in ...


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