Saturday, 25 June 2022 | The Latest Buzz for the Appraisal Industry

Housing Starts Dipped in April as Headwinds Slowed Production

Housing starts in April were at a seasonally adjusted annual rate of 1.724 million, a decrease of 0.2% compared with March but an increase of 14.6% compared with April 2021, according to estimates from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Starts of single‐family homes were at a rate of 1.1 million, a decrease of 7.3% compared with March.

Starts of multifamily homes (five units or more per

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