Remodeler Confidence in Positive Territory!
Friday, July 31, 2015 at 12:40PM
Remodelers and Custom Builders Council

According to article by Paul Emrath on NAHB

"In the second quarter, NAHB’s Remodeling Market Index (RMI) rebounded two points to 59 (after having slipped slightly from 60 to 57 in the first quarter).

An RMI above 50 indicates that more remodelers report market activity is higher (compared to the prior quarter) than report it is lower.  The RMI, which averages ratings of current remodeling with indicators of future activity, has been over 50 for nine consecutive quarters.  This has been true for both current conditions and indicators of future activity."

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Article originally appeared on Remodeler's Council of Southern California (http://socalremodeling.org/).
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