Reuters, June 20, 2024, US Single-Family Housing Starts Fall In May
Single-family housing starts, which account for the bulk of homebuilding, declined 5.2% to a seasonally adjusted annual rate of 982,000 units last month, the Commerce Department’s Census Bureau said on Thursday.
Data for April was revised higher to show single-family starts rising to a rate of 1.036 million units instead of the previously reported 1.031 million units.