The National Association of Home Builders released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 66. The survey for the RMI asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each question is measured on a scale from 0 to 100; an index number above 50 indicates that a higher share view conditions as good than poor.

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