Remodeling Market Index (RMI)

NAHB provides Remodeling Market Index information from additions to repairs. See the resources on future expectations or learn more about the maintenance levels of existing homes. Search the resources compiled below by title, detail, or date. Take your time and browse, read, or purchase information that interests you.

Correction: Due to a recently discovered computer coding error, NAHB has revised the RMI going back to 2006. The error had slightly reduced the true values of the overall index, as well as its two major components. The revisions generally show a one point or less quarterly increase, with quarter-to-quarter patterns remaining relatively unchanged. Some of the subcomponents experienced larger revisions but in a counteracting fashion, so that the impact on the primary indicators was muted.

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Remodeler Confidence Dips in First Quarter 2013 Remodelers’ confidence in the market dipped in the first quarter of 2013 when the Remodeling Market Index (RMI) fell six points to 49, according to the National Association of Home Builders (NAHB). Concern about the rising costs of construction materials and labor contributed to the pause in … 4/25/2013	Press Release
Remodeling Market Index Graphs The first graph shows the national Remodeling Market Index. Current Market Conditions are shown on the second graph, while Future Market Indicators are shown on the final graph. 4/25/2013	PDF
Table 1. Remodeling Market Index (RMI) The Remodeling Market Index provides insight on current market conditions as well as future indicators for the remodeling market. The RMI is produced for the US and the four Census regions. 4/25/2013	MS Excel
Table 2. Remodeling Market Index (RMI) by Region This table shows national and regional RMIs historically. 4/25/2013	MS Excel
Using the Remodelers’ Cost of Doing Business Study to Understand Profit! The Remodelers’ Cost of Doing Business Study is conducted periodically to assess the growth, … 2/25/2013	Web page
Remodelers' Cost of Doing Business Study, 2012 Edition Just Released! Get a glimpse of financial statements from remodelers nationwide. The Remodelers’ Cost of Doing Business Study is based on a nationwide survey of remodelers. Using candid answers about annual revenue, cost of sales and operating expenses, as well as company assets, … 2013	External Link
Remodeling Market Remains Strong in the Fourth Quarter The Remodeling Market Index (RMI) reached 55 in the fourth quarter of 2012, increasing five points from the previous quarter, according to the National Association of Home Builders (NAHB). This is the highest reading since the first quarter 2004. An RMI above 50 indicates that more remodelers … 1/21/2013	News Item
2013 Release Dates for NAHB Quarterly Surveys 2013 release dates for RMI, 55+HMI, HOI, and MMS. 11/20/2012	PDF
Remodeling Market Index Climbs Five Points, Returns to 2005 Levels The Remodeling Market Index (RMI) climbed to 50 in the third quarter of 2012, up from 45 in the previous quarter, according to the National Association of Home Builders (NAHB). Released today, the RMI is at its highest point since the third quarter of 2005, tracking the positive trends recently … 10/25/2012	Press Release
Remodeling Marketing Index Adjusts Downward from Recent High, Future Market Activity Steady The second quarter results of the Remodeling Market Index (RMI) slipped under pressure from a softening labor market, according to the National Association of Home Builders (NAHB), dropping two points to 45. The downward adjustment comes after the RMI reached 48 twice in 2011, the highest reading … 7/26/2012	Press Release
Special Questions on Most Common Jobs & Reasons for Remodeling Each quarter, NAHB conducts a survey of remodelers that serves as the basis for its Remodeling Market Index (RMI). The survey often includes a set of “special” questions on topics of current interest to the industry. The 1st Quarter 2012 RMI survey contained special questions on the most … 5/2/2012	PDF
Correction to the RMI series - April 2012 The RMI series (and all its components) was revised in April 2012. Revisions begin in the third quarter of 2006. 4/26/2012	Web page
Remodeling Market Index Remains Relatively Flat in First Quarter CORRECTION: Due to a recently discovered computer coding error, NAHB has revised the RMI going back to 2006. The error had slightly reduced the true values of the overall index, as well as its two major components. The revisions generally show a one point or less quarterly increase, with … 4/26/2012	Press Release
What is the Remodeling Market Index (RMI)? Computing the Remodeling Market Index (RMI)The RMI is based on a quarterly survey of about 2,000 residential remodelers nationwide. The RMI is created by averaging two separate component indices - the Current Market Conditions index and the Future Market Indicators Index. Both indices … 1/1/2011	Web page

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