HACKETTSTOWN, NJ — The National Kitchen & Bath Association (NKBA) released the results of the Kitchen & Bath Market Report for the third quarter of 2011, reflecting a rise in showroom traffic and an increase in kitchen remodels from one year ago. Although the number of bathroom remodels declined from the second quarter, results show a significant increase over the bathroom sales of a year ago.
“Although optimism seems to be taking a hit, the numbers today from a year ago are encouragingly higher, ranging in increase from 4 to 85% higher on various points,” stated Bill Darcy, Executive Vice President of the NKBA. “The volatility of the third quarter is balanced by the overall increased consumer traffic, sales volume and remodeling prices in the past year.”