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Residential Market & Renovation Trends
Presenters: Valerie Schicho, Residential Market Manager Siemens Industry, Inc.
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Residential Market Segments
Single Family (New) Single Family (Reno) Multifamily
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5 Years of Historic Multifamily Growth
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Why? Recession Demographics Urban Revitalization
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What Is Next for multiFamily
Growth Rate Can’t Continue Permitting is Slowing Student Housing & Senior Living Will Remain Strong
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What About Home Building?
Slow Recovery Less “Starter Homes” Higher Prices Premium Features
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New Construction Outlook
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Average American Home Was Built 43 Years Ago
Renovation Boom Average American Home Was Built 43 Years Ago
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Renovation Opportunities
Increased Circuitry Needs Capacity Arc Fault Surge Safety Generators Renewable Energy Technology
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Teach the Customer/Sell The Customer- Circuitry
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Teach the Customer/Sell The Customer- Safety
AFCI/GFCI Protection Whole Home Surge
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Teach the Customer/Sell The Customer- Back-Up Power
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Teach the Customer/Sell The Customer- Renewable Energy
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Questions
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