July Housing Starts

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Source: SBC™ Magazine

SBCA announces July housing starts and building permit data, now available online. Below is a summary.

 

U.S.
July housing starts (released August 16) decreased 4.8% to 1,155,000 units. Single-family starts decreased 0.5% to 856,000 units, while multi-family decreased by 15.3% to 299,000 units. Total U.S. permits, an indicator of future construction, decreased by 4.1% to 1,223,000 units (SAAR).


Starts decreased in 3 regions:

  • Northeast (- 15.7%)
  • Midwest (- 15.2%)
  • South (+ 0.6%)
  • West (- 1.6%)

 

See the full U.S. Report