BuildFax Housing Health Report, November 2018

BuildFax Housing Health Report, November 2018

Each month, BuildFax releases its Housing Health Report, which leverages U.S. property condition and history data to deliver macroeconomic as well as more granular trends affecting the U.S. housing market.

Key highlights include:

  • For the first time since 2011, new and existing housing supply sees blanket declines.
  • 2018 activity may suggest a softening of the housing market.
  • Commercial construction experiences similar downward movement, validating residential data trends.

Download the full report to learn more.

"More so now than in years prior, the compounding effects of natural disasters, scarcity in the construction labor market and recent tariffs have impacted housing growth – not to mention systemic factors, like rising mortgage rates, that influence consumer behavior. While it’s natural to see some leveling off after steep growth, the next few months will be telling; whether a downturn is on the horizon or the market is simply softening is yet to be seen."

Jonathan Kanarek, COO, BuildFax