May Housing Starts: Record Number of Multi-Family Housing Units Under Construction

Housing Starts Increased Sharply to 1.631 million Annual Rate in May

Housing Starts Increased Sharply to 1.631 million Annual Rate in May

From the Census Bureau: Permits, Starts and Completions

Housing Starts:
Privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,631,000. This is 21.7 percent above the revised April estimate of 1,340,000 and is 5.7 percent above the May 2022 rate of 1,543,000.…