Building Permits
Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,397,000. This is 0.2 percent above the revised May rate of 1,394,000, but is 4.4 percent below the June 2024 rate of 1,461,000. Single-family authorizations in June were at a rate of 866,000; this is 3.7 percent below the revised May figure of 899,000. Authorizations of units in buildings with five units or more were at a rate of 478,000 in June.
Housing Starts
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,321,000. This is 4.6 percent (±10.6 percent)* above the revised May estimate of 1,263,000, but is 0.5 percent (±9.9 percent)* below the June 2024 rate of 1,327,000. Single-family housing starts in June were at a rate of 883,000; this is 4.6 percent (±11.4 percent)* below the revised May figure of 926,000. The June rate for units in buildings with five units or more was 414,000.
Housing Completions
Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,314,000. This is 14.7 percent (±12.8 percent) below the revised May estimate of 1,540,000 and is 24.1 percent (±10.9 percent) below the June 2024 rate of 1,731,000. Single-family housing completions in June were at a rate of 908,000; this is 12.5 percent (±11.3 percent) below the revised May rate of 1,038,000. The June rate for units in buildings with five units or more was 383,000.