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Economic Data Brief |
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Housing
New Residential Construction — June 2026
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| Housing starts rose by 228,000 in June 2026 to 1,427, +48,000 from a year ago. Prior month: 1,199. Prior periods were revised in 21 series — figures below reflect that. | |
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Starts
1,427
▲ +228,000 m/m · +48,000 y/y
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1-family starts
895
▼ −2,000 m/m · −30,000 y/y
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Permits
1,374
▼ −36,000 m/m · −25,000 y/y
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Completions
1,392
▲ +45,000 m/m · +20,000 y/y
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| Revision check| REVISIONS DETECTED (21) — since first published. Every change below is calculated on the revised figures. | | Multifamily starts (5+ units) · March 2026 | 446 | → | 481 | ▲ +35,000 | | Multifamily starts (5+ units) · April 2026 | 529 | → | 494 | ▼ −35,000 | | Multifamily permits (5+ units) · April 2026 | 514 | → | 491 | ▼ −23,000 | | Housing starts · April 2026 | 1,465 | → | 1,414 | ▼ −51,000 | | Completions · May 2026 | 1,313 | → | 1,347 | ▲ +34,000 | | Multifamily starts (5+ units) · May 2026 | 284 | → | 291 | ▲ +7,000 | | Multifamily permits (5+ units) · March 2026 | 427 | → | 419 | ▼ −8,000 | | Housing starts · May 2026 | 1,177 | → | 1,199 | ▲ +22,000 | | Single-family starts · April 2026 | 930 | → | 914 | ▼ −16,000 | | Single-family starts · May 2026 | 882 | → | 897 | ▲ +15,000 | | Single-family starts · March 2026 | 1,032 | → | 1,017 | ▼ −15,000 | | Housing starts · March 2026 | 1,502 | → | 1,522 | ▲ +20,000 | | Building permits · April 2026 | 1,442 | → | 1,423 | ▼ −19,000 | | Multifamily permits (5+ units) · May 2026 | 474 | → | 468 | ▼ −6,000 | | and 7 more smaller revisions (all of them are applied to the figures below). |
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Key figures| Headline → | June 2026 | May 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % | 12-period trend |
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| Housing startsREVISED SAAR, thousands of units | 1,427 | 1,199 | ▲ +228,000 | ▲ +19.0% | ▲ +48,000 | ▲ +3.5% | | | Building permitsREVISED | 1,374 | 1,410 | ▼ −36,000 | ▼ −2.6% | ▼ −25,000 | ▼ −1.8% | | | CompletionsREVISED | 1,392 | 1,347 | ▲ +45,000 | ▲ +3.3% | ▲ +20,000 | ▲ +1.5% | | | Trend bars show the level over the last 13 periods; the latest period is highlighted. |
| By structure type → | June 2026 | May 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % | 12-period trend |
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| Single-family startsREVISED | 895 | 897 | ▼ −2,000 | ▼ −0.2% | ▼ −30,000 | ▼ −3.2% | | | Multifamily starts (5+ units)REVISED | 513 | 291 | ▲ +222,000 | ▲ +76.3% | ▲ +83,000 | ▲ +19.3% | | | Single-family permitsREVISED | 872 | 892 | ▼ −20,000 | ▼ −2.2% | ▼ −1,000 | ▼ −0.1% | | | Multifamily permits (5+ units)REVISED | 449 | 468 | ▼ −19,000 | ▼ −4.1% | ▼ −26,000 | ▼ −5.5% | | | Trend bars show the level over the last 13 periods; the latest period is highlighted. |
What stood out- Multifamily starts (5+ units): +222,000 on the month — the biggest gain since January 1985.
- Housing starts: +228,000 on the month — the biggest gain since May 2023.
- Completions: +20,000 over the past year — the largest 12-month gain since March 2025.
- Single-family starts: 3 straight months of decline.
- 30-year fixed mortgage rate: 5 straight months of increase.
Full detailShow every category and subcategorySources |
Economic Impact Group, LLC Economic research for developing communities
Prepared 2026-08-03 13:18 UTC. Green marks an
increase, red a decrease — direction only, not good or bad.
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