July Housing Starts Fell as Building Permits Rebounded
July permits rose, but housing starts and completions fell, showing why new authorizations have not yet translated into more homes for buyers and renters.
Housing starts
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U.S. Housing Starts Rose to a 1.427 Million Annual Rate in June
U.S. housing starts climbed 19% from revised May levels in June 2026, while the second-quarter rental-vacancy rate was 7.3% and the homeownership rate was 65%.
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June 2026 housing starts rise, permits fall: Census/HUD pipeline signals
June 2026 housing starts rose to a 1.427M SAAR pace while permits fell to 1.367M—an early pipeline signal for future construction.