The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for the first quarter posted a reading of 86, which remained unchanged compared to the first quarter of 2021. NAHB Remodelers Chair Kurt Clason said that a few remodelers are “starting to report that customers are reluctant to move forward on projects due to the delays and higher costs caused by supply chain problems.”

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