Remodeling Market Index slips but demand continues at solid pace
from Qualified Remodeler
According to the National Association of Home Builders, the Remodeling Market Index (RMI) dipped three points to 57 in the first quarter of 2018. The RMI has been at or above 50, indicating more remodelers report market activity higher compared to the prior quarter, for 20 consecutive quarters. Despite slipping three points, demand for remodeling jobs continues at a solid pace.
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