As 2021 ends, there are concerns about whether homebuilding can sustain its pace amid inflationary pressures. This month, maintenance and remodel project costs jumped as homebuilders continue to face headwinds from supply-chain disruptions, labor shortages, and expensive building materials. Higher than expected inflation in 2022 could dampen the housing market outlook and further exacerbate the supply-demand imbalance.
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The BuildFax Housing Health Report leverages U.S. property condition and history data to provide insights into macro- and microeconomic trends affecting the U.S. housing market.