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.
At the onset of the pandemic, maintenance and remodeling activity plunged as COVID-19 cases spread in the U.S. However, housing activity has notably pushed past the early turmoil it experienced and continues to show healthy growth.
PERMITTED CONSTRUCTION ACTIVITY BY COUNTY, MAY 2021 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 2021
In May, single-family housing authorizations grew 25.88% year over year. However, housing starts have lagged permit volumes, which has slowed growing the housing stock....
In May, single-family housing authorizations grew 25.88% year over year. However, housing starts have lagged permit volumes, which has slowed growing the housing stock....
The housing market strongly grew across almost all major indicators in April, with maintenance and remodeling activity skyrocketing relative to steep declines in activity...
The housing market strongly grew across almost all major indicators in April, with maintenance and remodeling activity skyrocketing relative to steep declines in activity...
One year since the novel coronavirus was declared a national pandemic, upward trends across new and existing housing activity reinforce that the U.S. housing...
One year since the novel coronavirus was declared a national pandemic, upward trends across new and existing housing activity reinforce that the U.S. housing...
Nearly a year following the COVID-19 pandemic, housing activity continues to experience notable growth. Exterior home renovations are, in part, what’s driving increases in...
Nearly a year following the COVID-19 pandemic, housing activity continues to experience notable growth. Exterior home renovations are, in part, what’s driving increases in...
January marked the sixth month of year-over-year increases in new and existing housing supply, entering the new year on strong footing. However, even with...
January marked the sixth month of year-over-year increases in new and existing housing supply, entering the new year on strong footing. However, even with...
Housing activity was a bright spot for the economy in 2020, ending the year with increases across almost all major indicators in December. However,...
Housing activity was a bright spot for the economy in 2020, ending the year with increases across almost all major indicators in December. However,...
Housing activity experienced blanket growth across key indicators for the second time this year. Maintenance spend skyrocketed in November likely driven, in part, by...
Housing activity experienced blanket growth across key indicators for the second time this year. Maintenance spend skyrocketed in November likely driven, in part, by...
Housing activity showed continued growth in October. Single-family housing authorizations increased, though the pace of growth slowed from September. Activity may slow in the...
Housing activity showed continued growth in October. Single-family housing authorizations increased, though the pace of growth slowed from September. Activity may slow in the...
In September 2020, housing activity continued to climb, driven in part by a deferred spring homebuying season and strong homebuyer demand. Existing housing activity...
In September 2020, housing activity continued to climb, driven in part by a deferred spring homebuying season and strong homebuyer demand. Existing housing activity...
In August 2020, housing activity experienced blanket increases for the first time since November, driven by consumer demand for both new construction and a...
In August 2020, housing activity experienced blanket increases for the first time since November, driven by consumer demand for both new construction and a...
Existing housing activity experienced notable growth in July, after experiencing its steepest declines in recent history just three months prior. Meanwhile, new construction increased...
Existing housing activity experienced notable growth in July, after experiencing its steepest declines in recent history just three months prior. Meanwhile, new construction increased...
Housing activity, across a majority of indicators, fell in June, however the data tells a more nuanced story. The number of single-family housing authorizations...
Housing activity, across a majority of indicators, fell in June, however the data tells a more nuanced story. The number of single-family housing authorizations...
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...
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...
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...
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...
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...
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...
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...
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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