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May 2025 Housing Starts: Starts Fall To Their Lowest Level In . . . - Zillow Single-family housing starts increased slightly to 924,000 (SAAR) in May, rising 0 4% from the April estimate but 7 3% lower than in May 2024 What happened: Housing starts fell in May to the lowest rate since May 2020 Amid persistently lower rent growth, multifamily starts sank 30 4% after rising for 3 consecutive months Single-family
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 The U S Census Bureau and the U S Department of Housing Urban Development (HUD) have announced that in May 2025, privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,256,000—9 8% below the revised April estimate of 1,392,000, and 4 6% below the May 2024 rate of 1,316,000 Single-family housing starts in May were at a rate of 924,000, which was 0 4% above
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 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
New Home Construction Falls to Five-Year Low - Bloomberg. com Housing starts decreased 9 8% to an annualized rate of 1 26 million homes last month, according to government figures released Wednesday The figure was below all estimates in a Bloomberg survey
Single-family housing starts face uninspired end to 2025 Builders started a seasonally adjusted 924,000 single-family homes in May, virtually unchanged from the revised April figure but off 7 3% from May 2024, according to data released Wednesday by the U S Census Bureau and the Department of Housing and Urban Development Overall starts, including multifamily, fell to a pandemic-era low of 1 256