Homebuilders and Building Products: Monthly building products spending snapshot: Trends improve in June

研报英文原文证据摘录

Homebuilders and Building Products: Monthly building products spending snapshot: Trends improve in June

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Homebuilders and Building Products

Monthly building products spending

snapshot: Trends improve in June

Industry Overview

Overall card spending was up 6.3% in June 10 July 2026

Total card spending per HH, as measured by BAC aggregated credit and debit cards, was Equity

up 6.3% y/y in June. On a m/m SA basis, BAC card spending per HH increased by 0.6%. See United States

BofA on USA report for methodology, limitations and disclaimers related to BAC card data. Homebuilders and Building Products

Home improvement flat in 2Q26

2Q26 spending at home improvement retailers (a proxy for DIY demand) was flat YoY

(+11% vs. 2Q19 levels), an improvement from the 1% YoY decline in 1Q26. June

spending increased 3% YoY. Spending on housing-related services (a proxy for

professional contractor activity) rose 5% YoY in 2Q26 (+57% vs. 2Q19), accelerating

from 2% growth in 1Q26. We believe improving trends through the quarter were driven

Rafe Jadrosich

by a combination of pent-up demand, favorable weather, and pricing benefits. Research Analyst

BofAS

+1 646 855 58156 of 9 building product categories rose YoY in 2Q26 rafe.jadrosich@bofa.com

General and carpentry contractors led performance with double-digit YoY growth.

Victoria Piskarev

Concrete, landscaping, HVAC contractors, and appliance-related spending increased at a Research Analyst

mid-single-digit pace. Roofing and siding contractors posted the largest declines, BofAS +1 646 855 0657

reflecting difficult comparisons and weather-related disruptions. Lumber and floor victoria.piskarev@bofa.com

covering categories also remained soft, declining low-single digits YoY. Shaun Calnan, CFA

Research Analyst