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Policy Uncertainty Rising as Macro Concerns Persist
October 15, 2025Policy Uncertainty Rising as Macro Concerns PersistFollowing the Federal Reserve's interest rate cut in September — the first cut since last year — there was a slight rise in optimism among some prospective home buyers. However, macroeconomic uncertainty has increased in the last two weeks, which could offset that positive momentum. New Tariffs In Play The administration announced significant tariffs on furniture, bathroom vanities, cabinets and softwood lumber. For the newly
Remodeling Market Sentiment Improves in Third Quarter
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter, posting a reading of 60, up one point compared to the previous quarter. With the reading of 60, the RMI remains solidly in positive territory above 50, but lower than it had been at any time from 2021 through 2024. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each question is measured on a
