Housing Starts and Permitting (05-21-26)

Housing Starts and Permitting (05-21-26)

Building Permits – Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,442,000. This is 5.8 percent above the revised March rate of 1,363,000, but is 0.2 percent below the April 2025 rate of 1,445,000. Single-family authorizations in April were at a rate of 872,000; this is 2.6 percent below the revised March figure of 895,000. Authorizations of units in buildings with five units or more were at a rate of 514,000 in April. Housing Starts – Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,465,000. This is 2.8 percent (±11.0 percent)* below the revised March estimate of 1,507,000, but is 4.6 percent (±13.9 percent)* above the April 2025 rate of 1,400,000. Single-family housing starts in April were at a rate of 930,000; this is 9.0 percent (±7.5 percent) below the revised March figure of 1,022,000. The April rate for units in buildings with five units or more was 529,000. Housing Completions – Privately-owned housing completions in April were at a seasonally adjusted annual rate of 1,449,000. This is 4.8 percent (±18.2 percent)* above the revised March estimate of 1,382,000, but is 2.0 percent (±10.7 percent)* below the April 2025 rate of 1,479,000. Single-family housing completions in April were at a rate of 903,000; this is 1.0 percent (±10.4 percent)* below the revised March rate of 912,000. The April rate for units in buildings with five units or more was 529,000.

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