Confidence Among Remodelers Remains Solid

Posted by karyl@hbaofic.org on Oct 18, 2018 in News

NAHB’s Remodeling Market Index (RMI) posted a reading of 58 in the third quarter of 2018, remaining stable from the previous quarter. The RMI has been consistently above 50 — indicating the majority of remodelers report market activity is higher compared to the previous quarter — since the second quarter of 2013. The overall RMI averages current remodeling activity and future indicators. “Remodelers across the country are seeing home owner demand remain strong through the...