Tag: June

Single-Family Starts Weaken in June as Multi-Family Sector Sees Sharp Increase

Single-family housing starts declined in June to the lowest rate since July 2024 as multi-family production showed a significant increase for the month.  Due to a solid increase in multifamily production, overall housing starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. […]

Overall Housing Starts Increase in June

According to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts increased 3.0% in June to a seasonally adjusted annual rate of 1.35 million units.  The June reading of 1.35 million starts is the number of housing units builders would begin if development kept this […]