In May, housing activity significantly increased, year over year, across all major indicators. Despite strong growth, intense housing supply shortages and sky-high prices still plague the market and pushed homebuyer sentiment to records lows in May. Although single-family housing authorizations are up 25.88%, year over year, housing starts are lagging new construction permits, prolonging inventory …
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Housing activity grew significantly across almost all major indicators in April, with single-family housing authorizations up 18.39%, year over year. In existing housing activity, drastic upswings in the month of April are relative to the drop in activity seen this time last year, when the market felt the first shocking impacts of COVID-19. The pandemic …
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The housing market strongly grew across almost all major indicators in April, with maintenance and remodeling activity skyrocketing relative to steep declines in activity experienced this time last year. Both new and existing housing activity have increased for nine consecutive months, which has helped create the dwindling buildings materials supply that may dampen future market …
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Housing activity grew across all indicators in March with single-family housing authorizations, maintenance, and remodeling volumes increasing for the eighth consecutive month. March marked one year since the novel coronavirus was declared a national pandemic, which has drastically affected housing activity. Although the market showed the first signs of slowing this time last year, strong …
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One year since the novel coronavirus was declared a national pandemic, upward trends across new and existing housing activity reinforce that the U.S. housing market is beyond recovering to its pre-pandemic pace. This month’s BuildFax Housing Health Report explores housing trends over the past year to understand how the pandemic has affected housing activity during …
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As we approached the one-year anniversary of the onset of the COVID-19 pandemic, housing activity continued to experience notable growth. In our latest webinar, Director of Business Development Christopher Schaum explores the intersection of COVID-19 and the housing market, and how the pandemic continues to reshape homeowner behaviors. For more insight on the U.S. housing …
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Watch our on-demand webinar to explore the intersection of COVID-19 and the U.S. housing market, and how the pandemic continues to reshape homeowner behaviors.
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Nearly a year following the COVID-19 pandemic, housing activity continues to experience notable growth. Exterior home renovations are, in part, what’s driving increases in maintenance and remodeling, including secondary structures, solar panels, decking, and pools. As Americans continue to spend significantly more time at home, homeowners have turned to improving or expanding their livable space …
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As we approached a year since the outbreak of COVID-19, housing activity continued to experience notable growth with increases across key indicators in February. New and Existing Housing Supply Activity, February 2021 Single-family housing authorizations increased 9.08% year over year. Existing housing maintenance volume increased 7.46% year over year. Existing housing remodel volume increased 6.73% …
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January marked the sixth month of year-over-year increases in new and existing housing supply, entering the new year on strong footing. However, even with increasing new construction, the United States is still in the midst of a severe housing shortage—driving homeowners to invest in their existing properties rather than to re-enter the competitive housing market. …
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