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Housing Starts Declined 9.8% in May

Housing Starts Declined 9.8% in May

Washington, DC, June 18, 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, according to the U.S. Census Bureau.