U.S.
May housing starts (released June 16) fell 10% to 593,000 units (SAAR). Total single family starts sank 17.2% to 468,000 units, while multi-family rose 33%. Total U.S. permits, an indicator of future construction, declined almost 6% to 574,000 units (SAAR).

Starts increased in 2 regions:
- Northeast (- 6.3%)
- Midwest (+ 4.9%)
- South (- 21.3%)
- West (+ 10.8%)
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Canada
May housing starts (released June 8) fell to 189,100 units, down 6% over April (SAAR). Total urban starts decreased 9.5% in May, with urban multiples down 5.6% and urban singles down 14.1%. Total rural starts soared to 239,000 units.

Starts rose in 1 region in May:
- Atlantic Provinces (+ 23.3%)
- Quebec (- 13%)
- Ontario (- 2.7%)
- Prairie Provinces (- 21.8%)
- British Columbia (- 12.9%)
Click here to view the full Canadian report.