Verisk - property intelligence solutions @BuildFax
Property data & analytics for companies spanning construction, real estate and investment management. buildfax.com Austin, TX Joined October 2010-
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Single-family housing authorizations increased in May, but the pace of year-over-year growth has slowed in recent months in step with declining homebuilder sentiment. Learn more: bit.ly/3HlKiJZ
Maintenance volumes experienced the first, albeit slight, year-over-year decline for the first time since May 2020, which could be an indication that consumer confidence in the housing market is shifting. Our latest report has more: bit.ly/3MocSvU
Single-family housing authorizations increased year over year in March, although the pace of growth slowed from February. While one month of slowed growth is not necessarily indicative of a trend, it could suggest a turning point: bit.ly/3KVYw5h
New and existing home construction increased across the board in February, despite #inflation reaching its highest level in nearly 40 years. Learn more: bit.ly/3CQ8wJY
Higher building material costs, worsening labor shortages, and rising mortgage rates point to another competitive housing market year. Although new construction is up in January, inventory remains scarce, bit.ly/34K5Ror
Low inventory remains a challenge despite new construction gains in 2021. @GlobeStcom has more:
Low inventory remains a challenge despite new construction gains in 2021. @GlobeStcom has more:
The supply-demand imbalance propelled housing activity in 2021, a trend that is expected to continue. Learn more: bit.ly/3r9q6TS
Looking ahead, strong consumer demand and higher-than-expected homebuilder confidence could help buoy the housing shortage. @GlobeStcom has more:
Looking ahead, strong consumer demand and higher-than-expected homebuilder confidence could help buoy the housing shortage. @GlobeStcom has more:
Higher than expected #inflation in 2022 could dampen the housing market outlook: bit.ly/3oVOjwW
Despite supply-side constraints, the outlook within the #construction sector remains strong. @MarketWatch has more:
Despite supply-side constraints, the outlook within the #construction sector remains strong. @MarketWatch has more:
Labor shortages and expensive building materials have slowed #construction. It is likely that higher #inflation from housing will continue as strong demand and the persistent housing shortage are putting upward pressure on prices. bit.ly/30BUT2e
While housing activity has stabilized from its white-hot pace, it’s still red hot. New construction is up alongside homebuilder confidence, and existing housing activity showed healthy growth with pool construction surging compared to pre-pandemic levels: bit.ly/2XtGeF2
In August, remodel volumes experienced the first year-over-year decline since June 2020. The decline could suggest that consumer confidence in the housing market is waning amid high inflation and concerns about the spread of the #delta variant: bit.ly/3lsVPfW
Housing activity showed healthy growth in August, although the pace of growth has decelerated in recent months—an indication of market stabilization. The latest BuildFax Housing Health Report has more: bit.ly/3lsVPfW
Metro housing markets that were slower to recover following the aftershocks of the pandemic provide untapped potential for further growth in 2021. Learn more: bit.ly/3AOWEpj
One year ago, housing activity showed the first signs of growth following initial shocks of the COVID-19 pandemic. While #housing activity has continued its upward trajectory at the national level, recovery in new #construction has varied in major metros: bit.ly/3AOWEpj
New and existing housing activity experienced healthy year-over-year growth in July, yet the pace of growth has slowed in recent months, indicating that the market is stabilizing. The latest BuildFax Housing Health Report has more: bit.ly/3AOWEpj
In June, single-family housing authorizations increased 20.95% year over year, but declined 2.99% month over month. The latest BuildFax Housing Health Report has more: bit.ly/3xSZl8e #housingmarket #newconstruction
Low housing inventory, high home price growth and low mortgage rates have driven an increase in cash-out refinances. Read the full article from Fox Business: fxn.ws/3rrQJmx
Housing activity grew across all major indicators in June, but decelerated growth suggests a #housingmarket slowdown may be imminent. Read more: bit.ly/3xSZl8e
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