Confidence in the home remodeling market increased five points in the fourth quarter of 2024 compared with the third quarter, according to the National Association of Home Builders/Westlake Royal Remodeling Market Index.
Sentiment increased to a level of 68 on the index. An index level above 50 indicates more remodelers view conditions as good than poor.
“Remodelers are more optimistic about the market than they were earlier in the year,” NAHB Remodelers Chair Mike Pressgrove said in a statement. “Demand in many parts of the country was stronger than usual for the fall season, especially demand for larger projects, with leads coming in after the uncertainty about the November elections was removed.”
Read the full report here.
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