US single-family housing starts drop 9% in April amid market pressures
US single-family housing starts experienced a significant decline of 9% in April, reaching an annualized rate of 930,000 units. This drop reflects broader market pressures, including rising mortgage rates and an oversupply of homes. The decrease is indicative of a nationwide trend affecting all regions of the country.
- ▪Single-family housing starts fell to 930,000 units annualized, down from 1,022,000 in March.
- ▪The decline in housing starts was observed across all four US Census regions.
- ▪Building permits for single-family homes also decreased by 2.6% to an annualized rate of 872,000 in April.
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US single-family housing starts drop 9% in April amid market pressures New construction of single-family homes fell to 930,000 units annualized, the steepest monthly decline in months, as mortgage rates and oversupply weigh on builders. Share Add us on Google by Editorial Team May. 22, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
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