The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for Q1 2024 posted a reading of 66, down one point compared to the previous quarter. “An RMI at 66 is consistent with NAHB’s forecast for stable remodeling spending in 2024,” said NAHB Chief Economist Robert Dietz. “Rising costs for construction labor and…
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