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NAHB's Remodeling Market Indicator (RMI) shows a second quarter decline in the market.
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The decline in remodeling activity may be reaching an end, according to the latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI).
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Remodeling spending is projected to bottom out, and begin a slow ascent, this year, according to Harvard University's Joint Center for Housing Studies.
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Fourth-quarter 2008 Remodeling Market Index reveals widespread near-term pessimism among remodelers.
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The Remodeling Market Index (RMI) dropped sharply in the third quarter of 2008, reflecting widespread pessimism -- and scattered pockets of optimism -- among the 500 remodelers surveyed in the Naitonal Association of Home Builders' quarterly report
Remodeling activity fell sharply in the fourth quarter of 2007, according to the National Association of Home Builders (NAHB), and the outlook for the first quarter of 2008 is worse.
The Remodeling Market Index (RMI) brought something unfamiliar to the industry in 2007: good news. The current conditions portion of the index jumped from 44.8 to 46.2 in the third quarter of 2007.
The Remodeling Market Index (RMI) fell for the second straight quarter, according to a midyear release from the National Association of Home Builders (NAHB).
After a somewhat promising end to 2006, remodeling activity fell in the first quarter of 2007, according to the latest release of the Remodeling Market Index (RMI).
Remodeling performed relatively well in the fourth quarter despite a slower overall housing market, according to the latest release of the Remodeling Market Index (RMI).