The February 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.
This month, BuildFax analyzed new construction and maintenance activity across the 10 major metro areas. The findings reveal:
- Single-family housing authorizations saw year-over-year declines for a fourth consecutive month, confirming a continuation of the housing market slowdown.
- Four metro areas – Dallas, New York City, Chicago and Washington D.C. – experienced increases in housing activity, bucking national trends.
- Of the 10 metro areas analyzed, Chicago saw the greatest growth in housing activity, whereas Boston saw the greatest declines.
How are major metro areas faring amidst the housing market slump? Download the report to learn more.