Eye On Housing
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the final quarter of 2015, one point above the previous quarter. This was consistent with similar results over the past year and a half, indicating sustained confidence in the market from remodelers. The RMI and all its components lie on a scale of… Read More ›
NAHB’s Remodeling Market Index (RMI) was 57 in the third quarter—two points down from the previous quarter, but the tenth straight quarter it has been above the key break-even point of 50. The RMI and all its components lie on a scale of 0 to 100, where an index number above 50 means more remodelers report that activity has improved… Read More ›
In the second quarter, NAHB’s Remodeling Market Index (RMI) rebounded two points to 59 (after having slipped slightly from 60 to 57 in the first quarter). An RMI above 50 indicates that more remodelers report market activity is higher (compared to the prior quarter) than report it is lower. The RMI, which averages ratings of current remodeling with indicators of future activity, has been over… Read More ›
NAHB’s Remodeling Market Index (RMI) was 57 in the first quarter of 2015, off the historic high point of 60 at the end of 2014, but still above the key break-even point of 50. The RMI and each of its components lies on a scale of 0 to 100, where a number above 50 indicates that more remodelers report the market has… Read More ›
NAHB’s Remodeling Market Index (RMI) was 60 in the final quarter of 2014, indicating widespread confidence among remodelers that the market was improving compared to the previous quarter. The RMI and each of its components lies on a scale of 0 to 100, where a number above 50 indicates that more remodelers report market activity has improved (compared to the… Read More ›
NAHB’s Remodeling Market Index (RMI) rose three points to 56 in the second quarter of 2014; essentially reclaiming the territory it had lost during what was likely a weather-related dip in the first three months of the year.The RMI is based on a quarterly survey of NAHB remodelers, and is an average of separate indices for remodelers’ ratings of current… Read More ›
Against the backdrop of unusually severe winter weather, NAHB’s Remodeling Market Index (RMI) declined to 53 in the first quarter of 2014, from the historically high level of 57 in the two previous quarters. However, the RMI remains above the key break-even point of 50. An RMI above 50 indicates that more remodelers report market activity is higher (compared to… Read More ›