U.S. housing starts reached a seasonally adjusted annual rate of 1.18 million in May, dropping 15.4% from April and 8.7% from the comparable month in 2025. Single‑family starts fell 1.9% from April to 882,000.
U.S. building permits decreased to a 1.41 million annual rate in May, down 0.7% from last month and 0.2% lower year-over-year. Single‑family authorizations increased 0.6% from April to 886,000. See U.S. Census Bureau