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Construction Trends

Construction Market Trends for August 2024

Construction Market Trends for August 2024

By Data Team September 12, 2024 3 Min Read

New construction activity for the US continued the pattern from July 2024 and decreased in August. This means a -5% change for new construction from a year-over-year point of view. Alteration activity also dipped again in August, although…

Construction Snapshot for July 2024

Construction Trends / Market Analysis / Real Estate Trends

Construction Snapshot for July 2024

By Data Team August 21, 2024 3 Min Read

National new construction activity continued the pattern from June and decreased in July 2024. From a year-over-year growth perspective, this corresponds with 0% growth for new construction. In a similar vein, alteration activity dipped slightly again in July,…

Construction Snapshot for June 2024

Construction Trends

Construction Snapshot for June 2024

By Data Team July 24, 2024 3 Min Read

National new construction activity took a slight step backwards after five consecutive months of growth to start 2024, although grew 4% on a year-over-year basis. Similarly, alteration activity dipped slightly in June, although annual growth remained positive at…

New Construction Trends (Q1 ’23)

Construction Trends

New Construction Trends (Q1 ’23)

By jiyan wei June 3, 2023 4 Min Read

BuildZoom has an array of classifiers applied to building permits, which allows us to track trends across different segments of the construction market. The ‘new construction’ classifier has a high correlation (r=.77) with the US Census’ estimate for…