Housing Starts and Permitting (08-18-26)

Housing Starts and Permitting (08-18-26)

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2026: Building Permits – Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,443,000. This is 5.0 percent above the revised June rate of 1,374,000 and is 3.1 percent above the July 2025 rate of 1,400,000. Single-family authorizations in July were at a rate of 894,000; this is 2.5 percent above the revised June figure of 872,000. Authorizations of units in buildings with five units or more were at a rate of 490,000 in July. Housing Starts – Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,239,000. This is 12.4 percent (±9.5 percent) below the revised June estimate of 1,415,000 and is 13.5 percent (±11.0 percent) below the July 2025 rate of 1,432,000. Single-family housing starts in July were at a rate of 808,000; this is 9.9 percent (±10.4 percent)* below the revised June figure of 897,000. The July rate for units in buildings with five units or more was 421,000. Housing Completions – Privately-owned housing completions in July were at a seasonally adjusted annual rate of 1,212,000. This is 9.1 percent (±10.2 percent)* below the revised June estimate of 1,333,000 and is 16.8 percent (±13.7 percent) below the July 2025 rate of 1,456,000. Single-family housing completions in July were at a rate of 878,000; this is 5.8 percent (±8.7 percent)* below the revised June rate of 932,000. The July rate for units in buildings with five units or more was 329,000.

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