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. At the national level, housing activity has started out on strong footing, experiencing year-over-year increases across new and existing housing supply.
However, BuildFax analysis into major U.S. metro areas tells a more nuanced story. On a 12-month rolling basis, new construction, which encompasses both single- and multifamily housing authorizations, decreased across almost all major metros year over year. But in that same time period, metros also experienced substantial increases in maintenance.
What’s driving recent changes in metro-level activity?
Download the full report to learn more.