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. In November, BuildFax research revealed the probability of a recession has decreased as housing indicators rise.
Single-family housing authorizations rose 7.09 percent year over year in November, which was the most substantial rise in more than a year and the second uptick after 11 months of declining activity.
BuildFax dove deeper into how the probability of a recession has shifted in 2019 and the impact it’s felt from housing activity. The analysis found that the probability of a recession peaked in September amidst a tumultuous 2019.
Download the full report to learn more.