US Single-Family Housing Starts, Building Permits Fell in April

US Single Family Housing Starts Fall 12 Percent Annually: Census

Single-family housing starts and building permits issued declined on a monthly and annual basis across the United States in April, the Census Bureau said in a May 16 statement. Housing starts fell by 2.1 percent from March and were down 12 percent from 2024. Meanwhile, building permit authorizations fell 5.1 percent month-over-month and were down by 6.2 percent annually. “The decline in single-family housing starts in April mirrors builder senti…

US single-family housing starts, building permits fell in April

WASHINGTON (Reuters) -U.S. single-family homebuilding fell in April as tariffs on imported materials and high mortgage rates remained major obstacles for the housing market. Single-family housing starts, which account for the bulk of homebuilding, dropped 2.1% to a seasonally adjusted annual rate of 927,000 units last month, the Commerce Department’s Census Bureau said on Friday. President Donald Trump’s aggressive and erratic tariffs, including…

US Housing Starts Increase on Pickup in Multifamily Construction

US housing starts increased in April as a pickup in multifamily home construction more than offset a decline in single-family homebuilding.

Construction tanks as economic headwinds slow homebuilders

Homebuilders are taking a cautious approach to the economic headwinds that have developed this spring. According to April’s new construction report from the U.S. Census Bureau, single-family homebuilding cratered as President Donald Trump’s trade war has zapped builder confidence and pushed up the cost to build a home. ar-over-year declines occurred at every stage of construction, with single-family permits (-6.2%), starts (-12%), under construc…

Single-family homebuilding, which accounts for the bulk of housing construction, fell 2.1% to a seasonally adjusted annual rate of 927,000 units, the Commerce Department's Census Bureau said on Friday.

Single-Family Starts Down on Economic and Tariff Uncertainty

Economic uncertainty stemming from tariff issues, elevated mortgage rates and rising building material costs pushed single-family housing starts lower in April. Overall housing starts increased 1.6% in April to a seasonally adjusted annual rate of 1.36 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census...