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US Housing Construction Starts Jump 4.6 Percent in May: Census

Census,Business

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US Housing Construction Starts Jump 4.6 Percent in May: Census Policymakers should focus on lowering housing costs by removing burdensome regulations and easing permitting roadblocks, said one real estate expert. Builders work on a new home in Old Bethpage, N.Y., on Sept. 3, 2024. The number of houses that began construction rose in June from the previous month, driven by strong growth in the multifamily segment, the Census Bureau said in a July 18 statement Privately owned housing starts in June were at a seasonally adjusted annual rate of 1,321,000...

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