Housing Starts Rose 1.6% in April

Washington, DC, May 16, 2025-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,361,000, according to the U.S. Census Bureau, 1.6% above the revised March estimate of 1,339,000 but 1.7% below the April 2024 rate of 1,385,000. Single-family housing starts in April were at a rate of 927,000; this is 2.1% below the revised March figure of 947,000. The April rate for units in buildings with five units or more was 420,000.

Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,412,000. This is 4.7% below the revised March rate of 1,481,000 and is 3.2% below the April 2024 rate of 1,459,000. Single family authorizations in April were at a rate of 922,000; this is 5.1% below the revised March figure of 972,000. Authorizations of units in buildings with five units or more were at a rate of 431,000 in April.

Privately-owned housing completions in April were at a seasonally adjusted annual rate of 1,458,000. This is 5.9% below the revised March estimate of 1,549,000 and is 12.3% below the April 2024 rate of 1,662,000. Single-family housing completions in April were at a rate of 943,000; this is 8.0% below the revised March rate of 1,025,000. The April rate for units in buildings with five units or more was 507,000.