Tag: RMI

Remodeling Industry Confidence Improves Year Over Year

Filed in Economics, Remodeling by on October 14, 2021 0 Comments
Remodeling Industry Confidence Improves Year Over Year

NAHB released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the third quarter, posting a reading of 87, up five points from the third quarter of 2020. The finding is a signal of residential remodelers’ confidence in their markets, for projects of all sizes. “Demand for remodeling remains strong, and remodelers are doing quite […]

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Remodeling Industry Confidence Up Strongly Year Over Year

Filed in Economics, Remodeling by on April 8, 2021 0 Comments
Remodeling Industry Confidence Up Strongly Year Over Year

NAHB released its Remodeling Market Index (RMI) in the first quarter of 2021, posting a reading of 86, up 38 points from the first quarter of 2020. The finding is a signal of residential remodelers’ confidence in their markets for projects of all sizes.

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Remodeling Industry Confidence Is Strong Despite COVID-19

Filed in Economics, Remodeling by on January 21, 2021 0 Comments
Remodeling Industry Confidence Is Strong Despite COVID-19

NAHB’s Remodeling Market Index (RMI) for the fourth quarter of 2020 posted a reading of 79, signaling residential remodelers’ strong confidence in their markets, for projects of all sizes.

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Remodelers’ Confidence Holds Steady

Filed in Economics, Remodeling by on July 18, 2019 1 Comment
Remodelers’ Confidence Holds Steady

NAHB’s Remodeling Market Index (RMI) posted a reading of 55 in the second quarter of 2019, rising one point from the previous quarter. The RMI has been consistently above 50 since the second quarter of 2013.

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Remodelers’ Confidence Falls Three Points in First Quarter

Filed in Economics, Remodeling by on April 18, 2019 0 Comments
Remodelers’ Confidence Falls Three Points in First Quarter

NAHB’s Remodeling Market Index (RMI) posted a reading of 54 in the first quarter of 2019, falling three points from the previous quarter. The RMI has been consistently above 50 — indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower — since the second quarter of 2013. The overall RMI averages current remodeling activity and future indicators.

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Remodeling Confidence Increases Despite Rising Costs

Filed in Economics, Remodeling by on July 19, 2018 0 Comments
Remodeling Confidence Increases Despite Rising Costs

The NAHB Remodeling Market Index posted a reading of 58 in the second quarter of 2018, up one point from the previous quarter.

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Remodeling Confidence Remains Strong Despite 3-Point Slip

Filed in Economics, Remodeling by on April 19, 2018 0 Comments
Remodeling Confidence Remains Strong Despite 3-Point Slip

The NAHB Remodeling Market Index posted a reading of 57 in the first quarter of 2018, down three points from the previous quarter and back to the same level as the third quarter of 2017.

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Remodeling Market Indicators Stay Strong

Filed in Committees and Councils, Economics, Remodeling by on October 19, 2017 1 Comment
Remodeling Market Indicators Stay Strong

The NAHB Remodeling Market Index (RMI) posted a reading of 57 in the third quarter, up two points from the previous quarter. It’s the 18th consecutive RMI at or above 50, which indicates that more remodelers report market activity is higher compared to the prior quarter than report it is lower.

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Remodeling Market Confidence Remains Positive

Filed in Economics, Remodeling by on July 20, 2017 0 Comments
Remodeling Market Confidence Remains Positive

“While remodelers continue to see robust demand across the country, the lack of skilled labor continues to be a serious issue,” said NAHB Remodelers Chairman Dan Bawden.

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Remodelers More Confident about Business Prospects

Filed in Remodeling by on April 20, 2017 0 Comments
Remodelers More Confident about Business Prospects

The NAHB Remodeling Market Index rose to 58 in the first quarter of 2017, an increase of five points from the fourth quarter of 2016 and the highest reading in two years.

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