COVID-19 Impact on Housing Activity

As the COVID-19 outbreak continues to evolve, BuildFax is monitoring the situation closely to help you navigate the impact to the U.S. housing market. We’ll provide insights on housing activity, economic impact, and risk as it relates to the coronavirus pandemic.

Construction activity declines as COVID-19 cases climb

New and existing housing activity declined across the board in May. However, a trend is beginning to appear within the housing market, where other housing indicators—existing home sales, construction jobs, mortgage locks, homebuilder sentiment, and more—started seeing improvement this month.

PERMITTED CONSTRUCTION ACTIVITY BY COUNTY, MAY 2020 YOY

Permitted Construction Activity by County, May 2020 YoY

The map below shows the known locations of coronavirus cases by county based on data published by The New York Times.

COVID-19 CASES BY COUNTY, MAY 2020

June 16, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

Housing activity declines across the board, but a rebound may be imminent

New and existing housing activity fell, yet again, in May. However, other housing indicators—including existing home sales, construction jobs, mortgage locks, homebuilder sentiment, and...

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June 16, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

Housing activity declines across the board, but a rebound may be imminent

New and existing housing activity fell, yet again, in May. However, other housing indicators—including existing home sales, construction jobs, mortgage locks, homebuilder sentiment, and...

Download
Report
May 18, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

Maintenance and remodel activity sink as the pandemic worsens

COVID-19 peaked in the United States in April and the housing market felt the strain of the pandemic. A record number of houses were...

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May 18, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

Maintenance and remodel activity sink as the pandemic worsens

COVID-19 peaked in the United States in April and the housing market felt the strain of the pandemic. A record number of houses were...

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Report
April 15, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

As COVID-19 outbreak spreads in the U.S., housing activity slides

March was a turning point for the United States as, state by state, the COVID-19 outbreak led to shelter-in-place orders across the nation. As...

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April 15, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

As COVID-19 outbreak spreads in the U.S., housing activity slides

March was a turning point for the United States as, state by state, the COVID-19 outbreak led to shelter-in-place orders across the nation. As...

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Report
March 17, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

Housing activity remains strong amidst COVID-19 outbreak

In February, housing activity increased at the national level despite COVID-19 concerns. while single-family housing authorizations increased modestly year over year, existing housing activity...

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March 17, 2020 2020Buildfax Housing Health ReportCOVID-19Housing Analysis

Housing activity remains strong amidst COVID-19 outbreak

In February, housing activity increased at the national level despite COVID-19 concerns. while single-family housing authorizations increased modestly year over year, existing housing activity...

Download
Report

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