Remodeling Market Index Dips in First Quarter of 2016

The National Association of Home Builder's Remodeling Market Index (RMI) dropped four points to 54 in the first quarter of 2016 (Exhibit 1). Although the index posted a decline, it is still above the breakeven point of 50, which signals that more remodelers report market activity is higher (compared to the prior quarter) than report it is lower. Exhibit 1:... Read More ›...(read more)

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