U.S. housing starts rose modestly in November 2025, suggesting a cautious but ongoing recovery in residential construction. The latest data show housing starts reaching 1.322 million, up from 1.306 million recorded in September 2025.
The incremental increase points to a market where builders are continuing to add new supply, albeit without a surge in activity. While the gains are not dramatic, the improvement from September to November indicates that construction momentum has not stalled, a potentially supportive sign for broader housing-market conditions going into 2026.
The figures, updated as of 18 February 2026, will be closely watched by investors and policymakers for clues on the trajectory of U.S. housing demand, construction activity, and their knock-on effects on economic growth and interest-rate expectations.
