New Video Series Aims to Demystify Remodeling Industry

NAHB has launched its Remodeling Forecasts, Myths & Trends video series, sponsored by Lowe’s Pro. The first installment, “Remodeling Forecasts, Myths & Trends,” features Paul Emrath, NAHB’s vice president of survey and housing policy research, and guides viewers through the NAHB/Westlake Royal Remodeling Market Index (RMI).

The video outlines how this data can be used to project the remodeling market outlook for the second half of 2023 and includes an overview of NAHB’s projections for remodelers through the end of the year.

This 35-minute video gives professional clarity on the following topics:

• Overall remodeler sentiment in 2023.
• Factors that impact remodeling demand both positively and negatively, such as house price appreciation, home owner equity and interest rate hikes.
• Supply-side challenges that remodelers face and whether they are projected to ease in the second half of the year.

Members can subscribe to the video series for free.

A companion Shop Talk, featuring Emrath, will take place today, June 12, at 4 p.m. ET. Register now to attend and discuss current market conditions and trends.