FX.co ★ US Housing Starts Rebound

The United States saw a 1.6% increase in housing starts from the previous month, reaching a seasonally adjusted annual rate of 1.361 million in April 2025. This rise marks a recovery from a sharply revised decline of 10.1% in March and aligns closely with analysts' predictions which estimated an annualized rate of 1.37 million. In detail, the construction of multi-unit buildings—those with five or more units—saw an 11.1% surge to 420,000 units. Conversely, single-family homes, which represent the majority of residential construction, experienced a 2.1% decrease, bringing the total to 927,000 units. Regionally, the South led the uptick with a 10.9% increase, totaling 760,000 units, while the Northeast observed a 12.9% rise to 158,000 units. On the other hand, housing starts dropped in the Midwest by 10.8%, down to 198,000 units, and in the West, witnessing a notable 16.1% decline to 245,000 units.