FX.co ★ US Housing Starts Rebound as Expected

In June 2025, housing starts in the United States increased by 4.6% compared to the previous month, reaching a seasonally adjusted annual rate of 1.321 million units. This rise partially offsets the revised 9.7% decline observed in the prior month and aligns closely with market forecasts of 1.3 million units. The gains were driven by a significant 30.6% increase in housing starts for buildings with five or more units, totaling 414,000 units. This growth counteracted a 4.6% decrease in single-unit housing, which fell to 883,000 units. Regionally, housing starts were bolstered by the Northeast, which saw a substantial 73.3% increase to 182,000 units, reflecting the high concentration of multi-unit housing in the area. Conversely, declines were noted in other regions, with the Midwest decreasing by 5.3% to 179,000 units, the West down by 1.4% to 286,000 units, and the South experiencing a slight drop of 0.7% to 674,000 units.