Is the Remodeling Market Back?

Remodeling Index Graph (Click for Graphs)
The Remodeling Market Index (RMI) is based on a quarterly survey of NAHB (National Association of Home Builders) remodeler members that provides insight on current market conditions as well as future indicators for the remodeling market.

The Index jumped 5.5% from a year earlier. According to a recent Metrostudy report (the Hanley Wood division that provides primary and secondary market information to the housing and residential construction industry), the remodeling industry is solidly on its way back:

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