Housing Starts Up 4.6% in June
Washington, DC, July 18, 2025-Privately owned housing starts in June were at a seasonally adjusted annual rate of 1,321,000, according to the U.S. Census Bureau. This is 4.6% above the revised May estimate of 1,263,000, but is 0.5% below the June 2024 rate of 1,327,000.
Single-family housing starts in June were at a rate of 883,000; this is 4.6% below the revised May figure of 926,000. The June rate for units in buildings with five units or more was 414,000.
Privately owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,397,000. This is 0.2% above the revised May rate of 1,394,000, but is 4.4% below the June 2024 rate of 1,461,000. Single-family authorizations in June were at a rate of 866,000; this is 3.7% below the revised May figure of 899,000. Authorizations of units in buildings with five units or more were at a rate of 478,000 in June.
Privately owned housing completions in June were at a seasonally adjusted annual rate of 1,314,000. This is 14.7% below the revised May estimate of 1,540,000 and is 24.1% below the June 2024 rate of 1,731,000. Single-family housing completions in June were at a rate of 908,000; this is 12.5% below the revised May rate of 1,038,000. The June rate for units in buildings with five units or more was 383,000.
Related Topics:U.S. Census Bureau