Posts Tagged ‘ Remodeling Market Index (RMI) ’

Remodeling Industry Confidence Is Strong Despite COVID-19

Jan 29th, 2021

The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the fourth quarter of 2020, posting a reading of 79, which indicates that residential remodelers have strong confidence in their markets, for projects of all sizes. “The remodeling market was consistently strong throughout 2020, as home owners had more time on […]

Remodeling Industry Confidence Surges in Third Quarter

Oct 16th, 2020

The National Association of Homebuilders (NAHB) released its third quarter 2020 Remodeling Market Index (RMI), which had a reading of 82, a signal of residential remodelers’ strong confidence in their markets, for projects of all sizes. As the economy recovers and adapts from the impacts of Covid-19, the importance of home for Americans has created […]

Remodeling Industry Remains Optimistic in Face of COVID-19

Jul 17th, 2020

The National Association of Home Builders (NAHB) released its second quarter 2020 Remodeling Market Index (RMI), posting a reading of 73. This is the second quarter with a new RMI, redesigned to ease respondent burden and improve its ability to interpret and track industry trends. The new series is not seasonally adjusted, therefore index readings […]

Steady RMI Shows Consistent Confidence

Jul 22nd, 2019

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) rose one point (55) in the second quarter of 2019. The RMI, which averages current remodeling activity and future indicators, has been consistently above 50 since the second quarter of 2013 indicating the majority of remodelers report market activity is higher compared to the […]