Remodeling: RMI

RRI Forecast: Nearly One-Third of U.S. Markets Will See Remodeling Prospects Top '07 Peak

Tue, 26 Feb 2013 01:44:14 EST

Metrostudy's analysis finds better-than-2007 conditions in 105 of 366 markets.

Fourth Quarter 2012 Highest RMI since Q1 2004

Fri, 8 Feb 2013 02:33:44 EST

The Remodeling Market Index (RMI) reached 55 in the fourth quarter of 2012, increasing five points from the previous quarter, according to the National Association of Home Builders (NAHB). This is the highest reading since the first quarter 2004.

NAHB Forecasts Steady Improvement for Remodeling Sector

Fri, 8 Feb 2013 02:33:34 EST

At the 2013 International Builders' Show in Las Vegas, a panel of experts told the press that remodelers are gaining confidence and agreed with the National Association of Home Builders' assessment that remodeling spending for single-family owner-occupied homes will increase 2.4% in 2013 over 2012.

Hanley Wood Q3 2012 RRI: Remodeling & Replacement Projects Continue to See Gains

Fri, 8 Feb 2013 02:29:38 EST

According to the Hanley Wood Residential Remodeling Index, remodeling and replacement projects will increase well into 2013.

Robust Improvement for Housing Is Lifting Economic Growth

Fri, 8 Feb 2013 02:24:08 EST

With data in from the Bureau of Economic Analysis (BEA), it is becoming clear that home building is a leading source of economic growth for 2012.

NAHB: Remodeling Market Index Back to 2005 Levels

Fri, 8 Feb 2013 02:22:18 EST

The Remodeling Market Index (RMI) climbed five points to 50 in Q3 2012, according to the National Association of Home Builders.

LIRA: Remodeling Activity to Increase Significantly in 2013

Fri, 8 Feb 2013 02:22:01 EST

The improving housing market and record low interest rates could be creating a perfect storm that leads to gains in home improvement activity for the rest of the year and well into 2013, according to the Leading Indicator of Remodeling Activity released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

FNC’s Residential Price Index Shows Increasing Home Prices

Fri, 8 Feb 2013 02:21:58 EST

According to FNC, a software technology company for mortgage lenders and servicers, in August, home prices rose for the sixth consecutive month, which is consistent with the signs of strengthening market conditions led by rising existing home prices and declining foreclosure activity.

Remodeling Marketing Index Adjusts Downward, Future Activity Steady

Fri, 8 Feb 2013 02:02:59 EST

The Remodeling Market Index (RMI) slipped two points to 45 for Q2 2012.

Remodeling Market Data: LIRA Predicts Strong Growth Into 2013

Fri, 8 Feb 2013 01:59:49 EST

The Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University suggests that annual homeowner improvement spending may reach double-digit growth by the first quarter of 2013.

Housing Turnover = Increased Remodeling Activity

Fri, 8 Feb 2013 01:57:19 EST

The number of U.S. housing markets on the IMI list that show “measurable and sustained improvement” has risen. What does this mean for remodelers?

Hanley Wood RRI: Stalled Growth but Q4 and Beyond Should See Rebound

Fri, 8 Feb 2013 01:33:05 EST

On a national scale, remodeling and replacement activity remained steady in Q1 2012, according to the latest Residential Remodeling Index (RRI) by Hanley Wood.

LIRA: Remodeling Spending Up Almost 6% by Year’s End

Fri, 8 Feb 2013 01:29:05 EST

After spending the past two years at record low levels, remodeling activity is expected to pick up later this year, according to the Leading Indicator of Remodeling Activity (LIRA) released Thursday by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Owing to a number of factors such as an upturn in home sales, relatively low interest rates, and an unseasonably mild winter, LIRA projects annual spending will see a healthy uptick in 2012, ending the year up 5.9%.

City Watch: Top 20 Best-Performing Markets for Remodeling

Fri, 8 Feb 2013 02:13:21 EST

From the Top 100 Markets list, we take a closer look at the 20 best-performing markets in the U.S.

RRI — Flat Forecast

Fri, 8 Feb 2013 12:44:48 EST

The Residential Remodeling Index from Hanley Wood shows remodeling activity will be slow in most parts of the U.S., with some exceptions.

A Cloudy Outlook for 2012? LIRA Forecast

Fri, 8 Feb 2013 12:44:46 EST

Leading Indicator of Remodeling Activity (LIRA) data indicate that the short-term outlook doesn't offer a clear sense of recovery.

Hanley Wood RRI: Remodeling Slows Slightly in Q3

Fri, 8 Feb 2013 12:40:59 EST

Echoing the unrest in the housing market and a dive in consumer confidence, overall remodeling activity remained flat in Q3 2011, according to the latest data from the Hanley Wood Residential Remodeling Index (RRI).

Home Remodeling to Remain Weak Through First Half of 2012

Fri, 8 Feb 2013 12:37:21 EST

Thanks to a lackluster economy and a housing market that continues to limp along from quarter to quarter, home improvement spending will remain tepid through the first half of 2012, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

RMI: Remodeling Activity Slows from First Quarter

Fri, 8 Feb 2013 12:13:13 EST

Yet another economic indicator is giving remodeling pros reason to keep the Alka Seltzer in the top drawer, this time courtesy of the NAHB’s Remodeling Market Index.

Remodeling Spending Downward Spiral to Continue Into 2012

Fri, 8 Feb 2013 12:11:08 EST

Despite previous signs that home improvement spending was on the rise, new data from the Leading Indicator of Remodeling Activity (LIRA) released today shows that the next several quarters will see weak, if not volatile, spending in this sector.