Posted February 17, 2021

BuildFax Monthly Housing Health Report shows 2021 off to a strong start

Single-family permits grow nearly 10 percent YOY.

BuildFax, a Verisk (Nasdaq: VRSK) business, leverages U.S property condition and historic data to provide key insights about the U.S. housing market to compile the monthly report. Key findings from January’s Monthly Housing Health Report report include:

  • Single-family housing authorizations increased 9.89% year over year in January.
  • Maintenance volume and spend increased 8.37% and 17.87% year over year in January, respectively.
  • Remodels – a subset of maintenance than includes renovations, additions, and alterations – experienced year-over-year increases across volume and spend at 10.04% and 12.37%, respectively.

Click here to download the entire report. (Registration required.)