US Building Permits Fall Less than Initially Thought in June

2026-07-24 12:51 By Joana Ferreira 1 min. read

US building permits fell 2.6% month over month to a seasonally adjusted annual rate of 1.374 million in June 2026, according to final data, slightly above the preliminary estimate of 1.367 million.

Despite the upward revision, permit issuance remained at a three-month low, highlighting persistent weakness in the housing market as elevated mortgage rates and a growing inventory of unsold new homes continue to weigh on construction activity.

Permits for multifamily buildings with five or more units declined 3.1% to 502,000, while single-family permits dropped 2.2% to 872,000, their lowest level in ten months.

Regionally, permitting activity decreased in the South (-7.1% to 708,000) and the West (-4.3% to 308,000), while the Midwest (5.2% to 203,000) and the Northeast (16.5% to 155,000) recorded gains.



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US Building Permits Fall Less than Initially Thought in June
US building permits fell 2.6% month over month to a seasonally adjusted annual rate of 1.374 million in June 2026, according to final data, slightly above the preliminary estimate of 1.367 million. Despite the upward revision, permit issuance remained at a three-month low, highlighting persistent weakness in the housing market as elevated mortgage rates and a growing inventory of unsold new homes continue to weigh on construction activity. Permits for multifamily buildings with five or more units declined 3.1% to 502,000, while single-family permits dropped 2.2% to 872,000, their lowest level in ten months. Regionally, permitting activity decreased in the South (-7.1% to 708,000) and the West (-4.3% to 308,000), while the Midwest (5.2% to 203,000) and the Northeast (16.5% to 155,000) recorded gains.
2026-07-24
US Building Permits Fall More than Anticipated
US building permits dropped by 3% month-over-month to a seasonally adjusted annual rate of 1.367 million in June 2026, below the market expectations of 1.40 million, preliminary figures showed. Higher mortgage rates and a backlog of unsold new homes likely acted as a drag. Permits for buildings with five or more units slipped 4.9% to 445,000, and single-family permits fell 2.4% to 871,000. Regionally, permits dropped in the South (-7.2% to 707,000) and the West (-6.2% to 302,000), but rose in the Northeast (15.8% to 154,000) and the Midwest (5.7% to 204,000).
2026-07-17
US Building Permits Revised Lower
US building permits decreased 0.9% month-over-month to a seasonally adjusted annual rate of 1.410 million in June 2026, below the preliminary estimates of 1.413 million, final figures showed. Permits for buildings with five or more units fell 4.7% to 468,000, while single-family permits increased 1.2% to 892,000. Regionally, permits dropped in the Midwest (-18.9% to 193,000), but rose in the Northeast (2.3% to 133,000), the South (1.9% to 762,000) and in the West (4.9% to 322,000).
2026-06-24