US housing starts experienced a significant decline of 15.4% in May 2026, marking the largest drop since March 2024, driven by unfavorable market conditions and high housing inventories.
Statements (2)
- Bearish
US Housing Starts decreased significantly in August 2026 as homebuilder confidence neared COVID lows
- Bearish
US housing starts decreased 2.6% to 1,275,000 in August 2026 according to the US Census Bureau