![Remodeling Market Sentiment Weakened in Fourth Quarter but Remains Positive](https://eyeonhousing.org/wp-content/uploads/2023/10/RMI-Set-Image-600x400.jpg)
Remodeling Market Sentiment Weakened in Fourth Quarter but Remains Positive
The NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter of 2022 posted a reading of 66, falling 17 points from the fourth quarter of 2021. While there is a sharp decline in RMI year-over-year, it remains in positive territory as remodeling continues to…