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. […]