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July Housing Starts Fall

July Housing Starts Fall

The U.S. Census Bureau released its Monthly New Residential Construction report 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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