Housing market activity continues to plateau after five-year hot streak
The March BuildFax Housing Health Report leverages U.S. property condition and history data to provide insights into how macro and microeconomic trends are affecting the U.S. housing market.
Ahead of hail season, BuildFax also analyzed recovery timelines following five severe hail storms in recent years. The findings reveal:
- The average recovery of impacted major systems following these hail storms lasts 5.4 months.
- On a national level, roof maintenance increased 246.92 percent in the first three months following hail storm compared to the year prior.
- Roof and mechanical systems experience the most significant damage following hail events.
Download the report to learn more.