Thursday, October 20, 2016

Remodeling Market Optimism Strengthens in Third Quarter

The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) increased four points to 57 in the third quarter of 2016. This quarter's reading marks a return to index levels seen consistently throughout 2015 (Figure 1). For fourteen consecutive quarters the RMI has been above the breakeven point of 50, which indicates more remodelers report market activity is higher... Read More ›...(read more)
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