News

US Housing Starts Jump to Five-Month High
US housing starts rose 6.2% month-on-month to a seasonally adjusted annualized rate of 1.404 million in December 2025, up from 1.322 million in November and well above forecasts of 1.33 million. The increase marked the second straight monthly gain, lifting starts to their highest level since July and further rebounding from October’s 15-month low. Single-family housing starts climbed 4.1% to 981,000, the strongest pace since February, while multi-family starts (five units or more) surged 10.1% to a three-month high of 402,000. Regionally, activity rose sharply in the West (up 37.4% to 334,000) and increased in the Northeast (5.6% to 152,000) and Midwest (2.3% to 177,000). In contrast, starts declined 2.8% in the South to 741,000. For the full year, an estimated 1,358,700 housing units were started in 2025, down 0.6% from 2024 and marking a fourth straight annual decline.
Published on 2026-02-18

US Housing Starts Jump to Five-Month High
US housing starts rose 6.2% month-on-month to a seasonally adjusted annualized rate of 1.404 million in December 2025, up from 1.322 million in November and well above forecasts of 1.33 million. The increase marked the second straight monthly gain, lifting starts to their highest level since July and further rebounding from October’s 15-month low. Single-family housing starts climbed 4.1% to 981,000, the strongest pace since February, while multi-family starts (five units or more) surged 10.1% to a three-month high of 402,000. Regionally, activity rose sharply in the West (up 37.4% to 334,000) and increased in the Northeast (5.6% to 152,000) and Midwest (2.3% to 177,000). In contrast, starts declined 2.8% in the South to 741,000.
Published on 2026-02-18

US Housing Starts Jump to Five-Month High
US housing starts rose 6.2% month-on-month to a seasonally adjusted annualized rate of 1.404 million in December 2025, up from 1.322 million in November and well above forecasts of 1.33 million. The increase marked the second straight monthly gain, lifting starts to their highest level since July and further rebounding from October’s 15-month low. Single-family housing starts climbed 4.1% to 981,000, the strongest pace since February, while multi-family starts (five units or more) surged 10.1% to a three-month high of 402,000. Regionally, activity rose sharply in the West (up 37.4% to 334,000) and increased in the Northeast (5.6% to 152,000) and Midwest (2.3% to 177,000). In contrast, starts declined 2.8% in the South to 741,000. For the full year, an estimated 1,358,700 housing units were started in 2025, down 0.6% from 2024.
Published on 2026-02-18

US Housing Starts Fall to 5-Year Low
Housing starts in the United States fell by 4.6% from the previous month to a seasonally adjusted annualized rate of 1.246 million units, the lowest since the Covid pandemic triggered a plunge in starts in the second quarter of 2020. The decline was marked for housing with five or more units (-25.9% to 347,000), offsetting the increase for single-unit houses (5.4% to 874,000). Among different regions, starts fell sharply in the West (-21.9% to 243,000) and slightly in the Northeast (-0.6% to 154,000), offsetting increases in the South (1.2% to 650,000) and the Midwest (0.5% to 199,000).
Published on 2026-01-09

US Housing Starts Fall to 5-Year Low
Housing starts in the United States fell by 4.6% from the previous month to a seasonally adjusted annualized rate of 1.246 million units, the lowest since the Covid pandemic triggered a plunge in starts in the second quarter of 2020. The decline was marked for housing with five or more units (-25.9% to 347,000), offsetting the increase for single-unit houses (5.4% to 874,000).
Published on 2026-01-09

US Housing Starts Slump in August
US housing starts tumbled 8.5% month-over-month in August 2025 to a seasonally adjusted annual rate of 1.307 million units, down from a slightly revised 1.429 million in July and well below market forecasts of 1.37 million. That was the fourth-lowest reading since May 2020, underscoring persistent housing market weakness as a glut of unsold new homes and a softening labor market outweighed the relief from easing mortgage rates. By category, single-family starts—the largest segment of homebuilding—dropped 7.0% to 890,000 units, their weakest level since July 2024. Multi-family starts with five or more units plunged 11.0% to 403,000, a three-month low. Regionally, activity fell sharply in the South (-21.0% to 667,000 units) and Midwest (-10.9% to 220,000), while rebounding in the West (+30.4% to 313,000) and Northeast (+9.2% to 107,000).
Published on 2025-09-17

US Housing Starts Slump in August
US housing starts tumbled 8.5% month-over-month in August 2025 to a seasonally adjusted annual rate of 1.307 million units, down from a slightly revised 1.429 million in July and well below market forecasts of 1.37 million. The reading marked one of the lowest levels in five years, as elevated mortgage rates and a growing supply of homes for sale weighed on builder confidence and slowed construction activity.
Published on 2025-09-17

US Housing Starts Slump in August
US housing starts tumbled 8.5% month-over-month in August 2025 to a seasonally adjusted annual rate of 1.307 million units, down from a slightly revised 1.429 million in July and well below market forecasts of 1.37 million. That marked the fourth-lowest reading since May 2020, as elevated mortgage rates and a growing supply of homes for sale weighed on builder confidence and slowed construction activity.
Published on 2025-09-17

US Housing Starts Slump in August
US housing starts tumbled 8.5% month-over-month in August 2025 to a seasonally adjusted annual rate of 1.307 million units, down from a slightly revised 1.429 million in July and well below market forecasts of 1.37 million. That marked the fourth-lowest reading since May 2020, as elevated mortgage rates and a growing supply of homes for sale weighed on builder confidence and slowed construction activity. By category, single-family starts—the largest segment of homebuilding—dropped 7.0% to 890,000 units, their weakest level since July 2024. Multi-family starts with five or more units plunged 11.0% to 403,000, a three-month low. Regionally, activity fell sharply in the South (-21.0% to 667,000 units) and Midwest (-10.9% to 220,000), while rebounding in the West (+30.4% to 313,000) and Northeast (+9.2% to 107,000).
Published on 2025-09-17

US Housing Starts Jump to 5-Month High
Housing starts in the United States rose by 5.2% from the previous month to a seasonally adjusted annualized rate of 1.428 million in July of 2025, the most in five months. The rise contrasted with market expectations of a drop to 1.29 million and extended the upwardly revised, 5.9% jump from June. Starts were carried by housing with five or more units for a second month (11.6% to 470 thousand), faster than starts of one unit (2.8% to 939 thousand). Among different regions of the country, starts were sharply higher in the Midwest (33.3% to 252 thousand) and the South (19.2% vs 833 thousand. These were enough to offset contractions in the West (-27.5% to 232,000) and the Northeast (-11.6% to 111 thousand).
Published on 2025-08-19

US Housing Starts Jump to 5-Month High
Housing starts in the United States rose by 5.2% from the previous month to a seasonally adjusted annualized rate of 1.428 million in July of 2025, the most in five months. The rise contrasted with market expectations of a drop to 1.29 million.
Published on 2025-08-19

US Housing Starts Rebound as Expected
Housing starts in the United States rose by 4.6% from the previous month to a seasonally adjusted annualized rate of 1.321 million in June of 2025, trimming the revised 9.7% slide in the previous month, and loosely in line with market expectations of 1.3 million units. Starts were carried by housing with five ore more units (30.6% to 414 thousand), offsetting the 4.6% decline in housing with a single unit to 883 thousand. By geographical regions, starts were solely supported by the Northeast (73.3% to 182 thousand), where multi-unit housing is the most concentrated. In turn, starts fell in the Midwest (-5.3% to 179 thousand), the West (-1.4% to 286 thousand), and the South (-0.7% to 674 thousand).
Published on 2025-07-18

US Housing Starts Rebound as Expected
Housing starts in the United States rose by 4.6% from the previous month to a seasonally adjusted annualized rate of 1.321 million in June of 2025, trimming the revised 9.7% slide in the previous month, and loosely in line with market expectations of 1.3 million units. Starts were carried by housing with five ore more units (30.6% to 414 thousand), offsetting the 4.6% decline in housing with a single unit to 883 thousand.
Published on 2025-07-18

US Housing Starts Rebound as Expected
Housing starts in the United States rose by 4.6% from the previous month to a seasonally adjusted annualized rate of 1.321 million in June of 2025, trimming the revised 9.7% slide in the previous month, and loosely in line with market expectations of 1.3 million units. Starts were carried by housing with five ore more units (30.6% to 414 thousand), offsetting the 4.6% decline in housing with a single unit to 883 thousand. By geographical regions, starts were solely supported by the Northeast (73.3% to 182 thousand), where multi-unit housing is the most concentrated. In turn, starts fell in the Midwest (-5.3% to 179 thousand), the West (-1.4% to 286 thousand), and the South (-0.7% to 674 thousand).
Published on 2025-07-18

US Housing Starts Fall to Lowest Level Since 2020
US housing starts dropped sharply by 9.8% month-over-month in May 2025 to a seasonally adjusted annual rate of 1.256 million units, down from an upwardly revised 1.392 million in April and well below market expectations of 1.36 million. This marked the weakest level since May 2020, in the early aftermath of the COVID-19 pandemic, as high mortgage rates and an elevated supply of homes for sale dampened builder sentiment and construction activity. Starts for multi-family buildings with five or more units plummeted 30.4% to 316,000 units, while single-family starts—the largest segment of homebuilding—edged up just 0.4% to 924,000 units. Regionally, housing starts declined sharply in the Northeast (-40.0% to 105,000 units), Midwest (-10.2% to 184,000), and South (-10.5% to 693,000), but rose in the West (+15.1% to 274,000).
Published on 2025-06-18

US Housing Starts Fall to Lowest Level Since 2020
US housing starts fell sharply by 9.8% month-over-month in May 2025 to a seasonally adjusted annual rate of 1.256 million, down from an upwardly revised 1.392 million in April and well below market expectations of 1.36 million. This marked the lowest level since May 2020, in the immediate aftermath of the COVID-19 outbreak, as elevated mortgage rates and high inventory levels continued to put pressure on the housing market.
Published on 2025-06-18

US Housing Starts Fall to Lowest Level Since 2020
US housing starts dropped sharply by 9.8% month-over-month in May 2025 to a seasonally adjusted annual rate of 1.256 million units, down from an upwardly revised 1.392 million in April and well below market expectations of 1.36 million. This was the lowest reading since May 2020, during the early aftermath of the COVID-19 outbreak, as elevated mortgage rates and high inventory levels continued to weigh on the housing market. Starts for multi-family buildings with five or more units plummeted 30.4% to 316,000 units, while single-family starts—the largest segment of homebuilding—edged up just 0.4% to 924,000 units. Regionally, housing starts declined sharply in the Northeast (-40.0% to 105,000 units), Midwest (-10.2% to 184,000), and South (-10.5% to 693,000), but rose in the West (+15.1% to 274,000).
Published on 2025-06-18

US Housing Starts Rebound
US housing starts rose 1.6% month-over-month in April 2025 to a seasonally adjusted annual rate of 1.361 million, rebounding from an upwardly revised 10.1% decline in March. However, the figure came in slightly below market expectations of 1.37 million, as elevated mortgage rates and high inventory levels continue to weigh on the housing market. Starts for multi-unit buildings, with five or more units, jumped 11.1% to 0.42 million while single-family starts, which account for the bulk of homebuilding, were down 2.1% to 0.927 million. Regionally, housing starts rose in the South (10.9% to 0.76 million) and the Northeast (12.9% to 0.158 million) but fell in the Midwest (-10.8% to 0.198 million) and the West (-16.1% to 0.245 million).
Published on 2025-05-16

US Housing Starts Fall the Most in a Year
Housing starts in the US unexpectedly plunged 11.4% month-over-month to a seasonally adjusted annualized rate of 1.324 million in March 2025, the lowest level in four months, and compared to forecasts of 1.42 million dragged down by weak demand and high prices and mortgage rates. It was the biggest drop in a year following a downwardly revised 9.8% surge in February. Single-family housing starts were down 14.2% to 0.94 million and the starts for multi-unit buildings, with five or more units, were unchanged at 0.37 million. Regionally, housing starts fell in the West (-30.9% to 0.289 million) and the South (-17.1% to 0.673 million) but jumped in the Midwest (76.2% to 0.222 million) and the Northeast (1.4% to 0.140 million).
Published on 2025-04-17

US Housing Starts Soar
Housing starts in the US unexpectedly soared 11.2% month-over-month to a seasonally adjusted annualized rate of 1.501 million in February 2025, way above a downwardly revised 1.35 million in January and forecasts of 1.38 million. It follows an 11.5% plunge in the previous month when severe snowstorms and frigid temperatures disrupted construction activity. Single-family housing starts jumped 11.4% to 1.108 million and the starts for multi-unit buildings, with five or more units, went up 12.1% to 0.37 million. Regionally, housing starts rose the most in the Northeast (47.4% to 0.143 million), the South (18.3% to 0.815 million) and the West (5.9% to 0.410 million). In contrast, sales sank 24.9% to 0.133 million in the Midwest.
Published on 2025-03-18