Remodeling sentiment steady as labor, economic headwinds build

Remodeler confidence held firm in the third quarter even as labor shortages and economic uncertainty weigh on the broader housing market, according to new analysis from the National Association of Home Builders (NAHB). The NAHB Remodeling Market Index (RMI) posted a reading of 62 in the third quarter of 2026, up one point from the previous quarter. The index has stayed in a tight range between 59 and 70 for the past four years, underscoring remodeling as a relative bright spot compared with the weaker single-family and multifamily construction sectors. The RMI, based on a quarterly survey of professional remodelers, is reported on a 0-to-100 scale, where readings above 50 indicate that more remodelers view conditions as “good” rather than “poor.” NAHB’s latest results show a market that is not booming, but steady — and increasingly important as a share of total residential construction. Owners remodel instead of move NAHB said remodelers continue to see homeowners move forward with projects, but at a more cautious pace. Economic uncertainty is making some would-be clients hesitate, even as staying put and improving an existing home often pencils out better than taking on a new mort...