BuildFax has released its August 2018 BuildFax Housing Health Report (BHHR). Each month, BuildFax releases data on the health of the housing market just ahead of the U.S. Census Housing Report.
The report delivers a macro view of the U.S. housing market, which looks at three key economic indicators: single-family housing authorizations, existing housing maintenance and existing housing remodeling.
August saw a 0.40 percent increase in single-family housing authorizations from July to August and a slight dip in remodel volume. The decrease in remodeling, which consists of alterations, remodels, and additions, is a result of the inherent volatility of this category, but in the last five years, remodels are still up 30 percent.
Download the August 2018 report to learn more about the state of U.S. housing.