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Housing starts fall sharply - kpmg. com Markets with significant housing shortages, like the Northeast, reported only 56,000 single-family homes completed in May Builders are unable to ramp up construction even if mortgage rates were to fall, because of labor shortages, rising input costs and land and regulatory hurdles Multifamily starts dropped 30 4% but the series is highly
Housing starts drop to lowest level since pandemic The number of housing units that started construction in May fell to the lowest level since 2020 as the sector battles headwinds blown by high interest rates Housing construction dropped 9 8 perce…
May Housing Starts Fall to Five-Year Low - The MortgagePoint Economic uncertainty and higher mortgage rates are just some of the factors forcing home builders to reduce home prices for would-be buyers as construction permits and housing starts dropped to pandemic-era lows in May
US Housing Starts Fall to Lowest Level Since 2020 - TRADING ECONOMICS 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