U.S. Remodeling Rises in Fourth Quarter
U.S. remodeling activity in the fourth quarter of 2017 rose 3 points to 60, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI). Since 2001 the index has only reached this level one other time.
The current market conditions indicator increased 4 points to 60 and the future expectations measure rose 1 point to 59 over the third quarter. See National Association of Home Builders