The U.S. government is reporting that privately‐owned housing starts in May, 2026 were at a seasonally adjusted annual rate of 1,177,000, which is 15.4% lower than April’s revised number and is 8.7% lower than one year ago. May’s rate for buildings with five units or more was 284k. Privately‐owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,413,000, which is 0.7% lower than April’s revised number and is 0.2% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 474k in May.
Click here to read the full report at the U.S. Census Bureau.
