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



Need Help?

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