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US Housing Starts Rise 5 Percent in July as Building Permits Hit Five-Year Low

US Housing Starts Rise 5 Percent in July as Building Permits Hit Five-Year Low

By Mary Prenon
1 Min Read
US Housing Starts Rise 5 Percent in July as Building Permits Hit Five-Year Low

Construction workers install a lumber roof at a new home build in Laveen, Ariz., April 1, 2025. Ross D. Franklin/AP Photo

Privately-owned housing starts in July saw a 5.2 percent growth above the revised June estimate, according to a joint report on Aug. 19 from the Census Bureau and the Department of Housing and Urban Development.

July’s seasonally-adjusted annual rate of 1,428,000 construction starts surpassed the June estimate of 1,358,000 and is 12.9 percent higher than the July 2024 rate of 1,265,000.

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