Dec. 21, 2004: Remodeling Market Continues To Grow
WASHINGTON - The National Association of Home Builders (NAHB) has announced that its Remodeling Market Index (RMI) for the third quarter moved one point ahead of the seasonally adjusted second quarter in 2004.
"This has been an amazing year for remodeling," said NAHB Remodelors Council Chairman Douglas Sutton Sr., CGR, CAPS, a remodeler in Springfield, Ill. "With home sales remaining record-breaking, the major additions and alterations sector has kept many remodelers busy with continually growing backlogs."