NAHB Remodeling Index Slips to 61 in Q2 as 74% Report Higher Material Prices
Updated
Updated · Eye on Housing · Jul 9
NAHB Remodeling Index Slips to 61 in Q2 as 74% Report Higher Material Prices
3 articles · Updated · Eye on Housing · Jul 9
Summary
The NAHB Remodeling Market Index fell 1 point to 61 in Q2 2026, extending a yearlong run in the low 60s while still signaling positive remodeler sentiment above the 50 break-even level.
Mortgage rates above many homeowners’ existing loans, tight resale inventory and record home-equity gains continued to support remodeling demand, even as inflation and economic uncertainty delayed bigger projects.
Seventy-four percent of remodelers said suppliers raised material prices since March because of higher fuel costs, with the average increase at 6.7%.
The Current Conditions Index held at 70 as moderately sized projects rose to 73, but the Future Indicators Index slipped 2 points to 52, with backlog at 54 and leads at 51.
NAHB said remodeling still outperforms single-family and multifamily housing and kept a robust outlook for spending in both the near term and long run.