The U.S. government is reporting that privately‐owned housing starts in July, 2025 were at a seasonally adjusted annual rate of 1,428,000, which is 5.2% higher than June’s revised number and is 12.9% higher than one year ago. July’s rate for buildings with five units or more was 470k. Privately‐owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,354,000, which is 2.8% lower than June’s revised number and is 5.7% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 430k in July.
Click here to read the full report at the U.S. Census Bureau.