New Video Series Aims to Demystify Remodeling Industry

Education
Published

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.

NAHB Education Lowe's 4 Pros Logo

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Workforce Development | Membership

Jul 11, 2025

Maine HBA Brings Real-World Training to State’s Future Builders

Recognizing an aging workforce and a critical need for new talent, the Association has partnered with the Sanford Regional Technical Center (SRTC) to prepare the next generation of skilled tradespeople. Through HBA-led instruction, high-school students are building homes from the ground up and gaining real-world experience.

Advocacy | Tax Reform

Jul 10, 2025

What to Know About Expiring Energy Tax Credits

President Trump recently signed the One Big Beautiful Bill Act (OBBBA) into law, which significantly accelerates the termination date for federal energy tax incentives. Builders and remodelers using the credits should be aware of the new expiration dates and where necessary, consult with their tax professional for additional guidance.

View all

Latest Economic News

Economics

Jul 11, 2025

Shrinking Lots: Spec Building New Norm

The share of smaller lots remained record high in 2024, with two out of three new single-family detached homes sold occupying lots under 9,000 square feet (1/5 of an acre or less).

Economics

Jul 10, 2025

Remodeling Market Sentiment Dips in Second Quarter

In the second quarter of 2025, the NAHB/Westlake Royal Remodeling Market Index (RMI) posted a reading of 59, down four points compared to the previous quarter.

Economics

Jul 09, 2025

Mortgage Applications Picked Up in June as Rates Eased

Mortgage application activity picked up in June, supported by a slight decline in interest rates. The Mortgage Bankers Association’s (MBA) Market Composite Index, which tracks mortgage application volume, rose 5.4% from May on a seasonally adjusted basis. Compared to June 2024, total applications were up 21.1%.