Housing activity experienced blanket growth across key indicators for the second time this year. Maintenance spend skyrocketed in November likely driven, in part, by rising building material costs and strong demand from remodelers. Home improvement projects have increased amid the pandemic as Americans have been forced to spend more time at home. New construction activity also increased as homebuilders push to meet demand.
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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.