Posted April 19, 2021
BuildFax March Housing Health Report shows housing and renovation activity charging forward
Single-family housing authorizations increased 13.52% year-over-year in March.
the BuildFax Monthly Housing Health Report for March. 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 March’s report include:
- Single-family housing authorizations increased 13.52% year over year in March.
- Maintenance volume and spend increased 29.93% and 44.92% year over year in February, respectively.
- Remodels – a subset of maintenance than includes renovations, additions, and alterations – experienced year-over-year increases across volume and spend at 33.81% and 41.29%, respectively.
Click here to download the full report (registration required).