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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Title	Type
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 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. 4/26/2012	PDF
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
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. 4/26/2012	MS Excel
Table 2. Remodeling Market Index (RMI) by Region This table shows national and regional RMIs historically. 4/26/2012	MS Excel
Remodeling Activity Slows Under Economic Uncertainty The remodeling market slipped under pressure from a sluggish economy according to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI), which dipped during the second quarter to 43.9 from the first quarter result of 46.5. An RMI below 50 indicates that more remodelers … 7/28/2011	Press Release
Remodelers Expect Market Gains During 2011 The latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) edged up to 41.5 in the fourth quarter of 2010, compared to 40.8 in the third quarter. An RMI below 50 indicates that more remodelers say market activity is lower compared to the prior quarter than report it is … 1/27/2011	Press Release
What is the Remodeling Market Index (RMI)? Since the mid-1980s, NAHB’s Economics Department has conducted a monthly survey of builders in order to monitor housing market conditions on a timely basis.  The residential remodeling market during 2001 was $153 billion, which is about 2% of the nation’s gross domestic product … 1/1/2011	Web page