Tuesday, 16 August 2022 | The Latest Buzz for the Appraisal Industry

Housing Starts Slowed in June For Third Straight Month

Housing starts slowed in June, dropping to a seasonally adjusted annual rate of 1.559 million, a decrease of 2.0% compared with May and a decrease of 6.3% compared with June 2021, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.

Starts of single‐family homes were at a rate of 982,000, a decrease of 8.1% compared with May. Starts of multifamily homes (five units or more per building) were

Responses

Welcome

Need Help?

Our knowledge base will help you and find the answers you're looking for.