Articles Tagged with ''HARDI reports''

"Going forward, the pace of existing home sales is turning and mortgage rates are shrinking. This annual growth rate chart will be turning higher very soon," said Brian Loftus, HARDI’s macroeconomic and residential market analyst.

Given the context, including a month with one less billing day than September 2022, sales seem to be treading water at an elevated level, said Brian Loftus, HARDI’s macroeconomic and residential market analyst

Based on data from HARDI members participating in the monthly survey, sales were up by 4.5% in August. Sales growth for the previous 12 months, through August 2023, was 5.7%.

The annual sales growth for the 12 months through July 2023 was 6.2%.

“We have sales declines during two of the first three months of cooling season versus the boom times of 2022,” said Brian Loftus, macroeconomic and residential market analyst at HARDI.

The annual sales growth for the 12 months through May 2023 was 9.1%.

Sales by HVACR distributors participating in the Heating, Air-Conditioning and Refrigeration Distributors International (HARDI) TRENDS report declined by 4.1% during April 2023.

The sales growth for the 12 months through February 2023 is 16.1%. 

HARDI’s monthly TRENDS report for January showed the average sales performance by reporting member distributors increased 6% compared to January 2022.

HARDI released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 9.7% during December 2022.