Monday, December 05, 2005

Remodeling Market Slows

According to the National Association of Home Builders'Remodeling Market Index (RMI), "Growth of remodeling activity slowed moderately in the third quarter of 2005".

The report looks at both owner-occupied and rental units, stating that "Owner-occupied housing represents 69 percent of total housing in the U.S." There was more of a decline in the rental market than the owner-ocupied market.

To read more: Remodeling market slows

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