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Remodeling Market Index

  • Remodeling

Remodeling Market Sentiment Edged Up in First Quarter of 2023

Eric LynchApril 13, 2023May 7, 2024

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter of 2023 posted a reading of 70, edging up 1 point from the fourth quarter of 2022. While remodelers are generally more optimistic than their single-family builder counterparts, some are noting negative effects within…

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  • Remodeling

Remodeling Market Sentiment Weakened in Fourth Quarter but Remains Positive

Eric LynchJanuary 19, 2023May 7, 2024

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…

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  • Remodeling

Remodeling Market Sentiment Softened in Third Quarter, But Remains Positive

Eric LynchOctober 13, 2022May 7, 2024

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2022 posted a reading of 77, declining 10 points from the third quarter of 2021. The RMI is based on a survey that asks remodelers to rate various aspects of the residential remodeling…

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  • Remodeling

Remodeling Market Declines Year-over-Year

Eric LynchJuly 14, 2022August 20, 2024

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2022 posted a reading of 77, declining 10 points from the second quarter of 2021.  This is the largest year-over-year decrease since the survey was redesigned in Q1 2020. The RMI is based…

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