The NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2024 posted a reading of 65, down one point compared to the previous quarter. The RMI remains solidly in positive territory, and NAHB continues to project that remodeling activity has stabilized at a healthy level in 2024. Although some remodelers are reporting a slowdown, most continue to see solid demand for remodeling projects. …The Current Conditions Index averaged 73, down one point from the previous quarter. …The Future Indicators Index was 58, which was down one point from the previous quarter. Quarter-over-quarter, the component measuring the current rate at which leads and inquiries are coming in decreased two points to 55 and the component measuring the backlog of remodeling jobs dropped one point to 60.