U.S. housing starts rebounded in June, driven by a sharp increase in multifamily activity, while building permits declined and completions moved higher.

The U.S. Census Bureau and Department of Housing and Urban Development released their Monthly New Residential Construction report for June on July 17.

Housing Starts

Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1.43 million, up 19.0% from May’s revised estimate of 1.20 million. Starts were up 3.5% compared with the June 2025 rate of 1.38 million.

Single-family housing starts were at a rate of 895,000, down 0.2% from May’s revised figure of 897,000. The June rate for units in buildings with five units or more was 513,000, up sharply from May’s revised multifamily rate.

Building Permits

Privately-owned housing units authorized by building permits were at a seasonally adjusted annual rate of 1.37 million in June, down 3.0% from May’s revised rate of 1.41 million. Permits were down 2.3% compared with the June 2025 rate of 1.40 million.

Single-family authorizations in June were at a rate of 871,000, down 2.4% from May’s revised figure of 892,000. Authorizations of units in buildings with five units or more were at a rate of 445,000.

Housing Completions

Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1.39 million, up 3.3% from May’s revised estimate of 1.35 million. Completions were up 1.5% compared with the June 2025 rate of 1.37 million.

Single-family housing completions in June were at a rate of 964,000, up 6.6% from May’s revised rate of 904,000. The June rate for units in buildings with five units or more was 413,000.