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The Week Ahead: A Look at Housing Market Health

On Monday, BuildFax will release its July Monthly Housing Health Report. This report utilizes "U.S property condition and history data to provide insights into macro and microeconomics trends affecting the U.S. housing market."

For June, BuildFax reported that single-family housing authorizations experience the steepest year
-over-year decline in at least five years. BuildFax also noted that

  • Existing housing supply remained relatively flat as the number of construction jobs increased.
  • Maintenance volumes increased 0.22% year-over-year
  • Maintenance and remodel spend declined 11.93% and 5.92% year-over-year, respectively.
  • As the housing industry learns to adjust to new norms, activity may stabilize in the fall.

Here's what else is on the calendar for The Week Ahead:

  • Tuesday, August 18 - New Residential Construction Report, Census Bureau
  • Thursday, August 20 - Unemployment Insurance Weekly Claims Report, Department of Labor
  • Friday, August 21 - National Association of Realtors Existing-Home Sales Report

About Author: David Wharton

David Wharton, Editor-in-Chief at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has nearly 20 years' experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. He can be reached at [email protected].

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