Kerry Pianoforte, Editor01.15.16
Much like with exterior architectural coatings, positive housing trends also positively impact the interior architectural coatings industry as well. “For 2015, in particular, there has been a steady rise in home values and new home construction,” said Dan Passinault associate director, Innovation, Products and Execution, PPG Architectural Coatings.
“The improving housing market has had a positive effect on the interior architectural coatings market in 2015 and we expect the growth trend to continue in 2016,” said Ethan Opolion, product manager, Dunn-Edwards. “According to the California Association of Realtors ‘2016 California Economic & Market Forecast,’ home sales gained momentum in 2015 and will likely continue that momentum into 2016 because mortgage rates remain historically low while home prices have been moderating.”
“The housing market recovery is not a global trend but mostly focused in the U.S. with a few clear positive trends in our key decorative markets such as UK and India,” said Ruud Joosten, executive committee member responsible for Decorative Paints at AkzoNobel
“The improving housing market has had a positive effect on the interior architectural coatings market in 2015 and we expect the growth trend to continue in 2016,” said Ethan Opolion, product manager, Dunn-Edwards. “According to the California Association of Realtors ‘2016 California Economic & Market Forecast,’ home sales gained momentum in 2015 and will likely continue that momentum into 2016 because mortgage rates remain historically low while home prices have been moderating.”
“The housing market recovery is not a global trend but mostly focused in the U.S. with a few clear positive trends in our key decorative markets such as UK and India,” said Ruud Joosten, executive committee member responsible for Decorative Paints at AkzoNobel
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