Royal becomes title sponsor of NAHB Remodeling Index
Royal Building Products announced that the manufacturer is now the title sponsor of the National Association of Home Builders (NAHB) Remodeling Index (RMI).
The NAHB/Royal Building Products Remodeling Market Index (RMI) is based on a quarterly survey of NAHB remodeler members that provides insight on current market conditions as well as future indicators for the remodeling market.
Results from the second quarter RMI were released in July 2021.
“We are honored to be the title sponsor of the RMI, especially during a time where the industry is experiencing unprecedented challenges and historic changes,” said Steve Booz, vice president, marketing, Royal Building Products. “The RMI provides crucial insight into the direction of the market and we are thrilled to sponsor a tool that can help remodelers strategically grow their businesses.”
“The Remodeling Market Index has been a long-valued industry survey, providing important insight into the state of the remodeling market,” said NAHB Chairman Chuck Fowke, a custom home builder from Tampa, Fla. “We are pleased to have a housing industry veteran such as Royal Building Products join us as the title sponsor on this important economic indicator.”
Royal Building Products manufactures and distributes materials for the home remodeling, building and construction markets. With operations throughout Canada and the United States, Royal Building Products offers the renovation, remodeling and new construction industries a broad range of innovative products, including siding, trim, accessories, soffit, rainware, mouldings and decking. Royal is a subsidiary of Westlake company.
Here are the full metrics from the latest NAHB/Royal Building Products Remodeling Index (RMI).