Despite a Decline in Single-Family Starts, Overall Starts Grew in June
Overall housing starts saw strong growth in June, with a recent analysis by the National Association of Home Builders showing a 19% annual increase. In June, housing starts reached 1.43 million housing units, though most of this growth was due to strong construction activity in the multifamily sector.
A similar trend was seen across all four major regions of the U.S. While overall starts grew in three of the four regions, single-family starts were down across the board. Regionally, on a year-to-date basis, combined single-family and multifamily starts were 4.5% higher in the Northeast, 1.7% higher in the South, and 1.2% higher in the Midwest. However, they were 4.4% lower in the West.
Single-family starts recorded a slight decline during the month
In June, single-family starts fell by 0.2% month-over-month to an 895,000 seasonally adjusted annual rate and were down by 3.2% compared with June 2025. Additionally, on a year-to-date basis, single-family starts fell by 5.3%.
Meanwhile, the multifamily sector saw strong growth
While single-family starts fell, multifamily starts grew by 76.2% from May to June to an annualized 532,000 pace. The three-month moving average for multifamily construction also increased to 445,000 units.
