Remodeling Sentiment Improves in Third Quarter

Home Builders and Remodelers are Cautiously Optimistic
by Rebecca Radtke, LASN

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The National Association of Home Builders (NAHB) released their quarterly survey on current market conditions and remodeling indicators. Called the NAHB/Westlake Royal Remodeling Market Index (RMI), the third quarter saw a reading of 60 - up one from the previous quarter as a positive mark - but is still lower than it had been between 2021 and 2024.