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 2025: Building Permits – Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,354,000. This is 2.8 percent below the revised June rate of 1,393,000 and is 5.7 percent below the July 2024 rate of 1,436,000. Single-family authorizations in July were at a rate of 870,000; this is 0.5 percent above the revised June figure of 866,000. Authorizations of units in buildings with five units or more were at a rate of 430,000 in July. Housing Starts – Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,428,000. This is 5.2 percent (±14.7 percent)* above the revised June estimate of 1,358,000 and is 12.9 percent (±13.6 percent)* above the July 2024 rate of 1,265,000. Single-family housing starts in July were at a rate of 939,000; this is 2.8 percent (±11.8 percent)* above the revised June figure of 913,000. The July rate for units in buildings with five units or more was 470,000. Housing Completions – Privately-owned housing completions in July were at a seasonally adjusted annual rate of 1,415,000. This is 6.0 percent (±13.5 percent)* above the revised June estimate of 1,335,000, but is 13.5 percent (±10.8 percent) below the July 2024 rate of 1,635,000. Single-family housing completions in July were at a rate of 1,022,000; this is 11.6 percent (±14.6 percent)* above the revised June rate of 916,000. The July rate for units in buildings with five units or more was 385,000.
Housing Starts and Permitting (08-19-25)
- Economic Monthly Summaries, Housing Starts and Permitting
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