Each month, BuildFax releases its Housing Health Report (BHHR), which delivers a macro view of the economic trends affecting the U.S. housing market. This month’s report discovered, for the first time since 2011, there were declines across new and existing housing supply. The data reveals a decrease in seasonally adjusted, year-over-year single-family housing authorizations, remodeling... Read More
Camp Fire claimed at least 153,000 acres and more than 14,000 structures in Butte County. According to BuildFax data, maintenance activity – construction performed on properties – in the area increased 8.57 percent year to date compared to January through October 2017. This suggests carriers may not have accurate assessments of the wildfire’s true damage... Read More
Each month, BuildFax releases its Housing Health Report (BHHR), which delivers a macro view of the economic trends affecting the U.S. housing market. This month’s report revealed a leveling off of seasonally adjusted, single-family housing authorizations, but a ramp-up in remodeling spend and maintenance activity. These factors suggest that while new construction is slowing, many... Read More
Homeowners are anticipated to spend 5 percent more on home improvement this year in 41 of 50 major U.S. metropolitan areas, according to a report from the Joint Center for Housing Studies (JCHS), a Harvard University initiative that researches housing issues relevant to public policy. The report also predicts residential remodel spend will grow at... Read More
BuildFax has released its September 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... Read More
Daily Mail General Trust (DMGT) has donated $3,000 to a charity of BuildFax’s choice, Habitat for Humanity, in honor of BuildFax winning the DMGT Community Champion Awards. Habitat for Humanity is an international nonprofit organization that supports affordable housing. Donation funds will go directly to Habitat’s home construction and renovation efforts. The award, which recognizes... Read More
