Market Intelligence
HVAC Trends in 2 Minutes: November 2025 Data
January 7, 2026 | 1 minute read
HVAC Trends in 2 Summary
Through November 2025, HARDI distributor sales remained in the lower half of the 3.5%–4.5% growth range, with results impacted by billing-day differences and gradual inventory adjustments. While unit demand stayed flat in 2025, easing mortgage rates and stabilizing home sales could support stronger growth heading into 2026.
HVAC Trends for HARDI Members
HARDI members do not receive financial compensation in exchange for their monthly sales data and can discontinue their participation without prior notice or penalty. Participation is voluntary, and the depth of market coverage varies from region to region. An independent entity collects and compiles the data that can include products not directly associated with the HVACR industry.
If you would like more information about HVAC trends or would like to find out how to participate in our TRENDS reporting, contact Brian Loftus at bloftus@hardinet.org.
Explore More HARDI Benchmarking
HARDI's Market Intelligence team offers a diverse set of reporting that allow members to measure their company against key financial and performance metrics, track sales trends by equipment and geography, evaluate Supply Chain performance, and even assist in employee SG&A management.
Learn more and explore what HARDI's Market Intelligence team is providing members.
Brian Loftus
Macroeconomic & Residential Market Analyst
Based on his experience dissecting economic data over 20 years as an investment analyst, Brian integrates the unique HARDI data along with other data streams to help members see what is on the horizon for their markets. He composes our popular Data Driven Newsletter, designed and authors our HARDInomics service, and designed Demand per Location which is a custom service that allows members to understand the market opportunity and trends around their current and potential locations.
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