BuildFax Housing Health Report, January 2019

BuildFax Housing Health Report, January 2019

Each month, BuildFax releases its Housing Health Report, which leverages U.S. property condition and history data to deliver macro- and microeconomic trends affecting the U.S. housing market.

January findings revealed:

  • Single-family housing authorizations saw year-over-year declines for a third consecutive month. This trend is particularly notable as continued declines of this indicator are historically correlated with economic recessions per recent BuildFax research.
  • Maintenance activity decreased 6.47 percent year over year, an important consideration for insurance carriers as this may spur upticks in claims.
  • Demolition activity saw positive upticks in just three states in 2018. It will be important to watch the progression of demolition projects if a slowdown is on the horizon.

How will the health of the housing market shift in 2019? Download the full report to learn more.