Q1 2008 Remodeling Activity is Steady

    Remodeling activity remained steady during the first quarter of 2008, according to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI). The current market conditions indicator increased to 41.8 from 40.9 in the fourth quarter, while the future expectations measure showed no change from the previous quarter at 37.9. The RMI measures remodeler perceptions of market demand for current[...]