U.S. Housing Construction Starts Slide 4.2% to a 1.25MM Pace as Builders Pull Back

Housing construction activity declines from October 2024

Housing completions rose from September, marking one of the only bright spots in activity nationwide WASHINGTON — The latest housing construction report from the U.S. Department of Commerce shows year-over-year and month-to-month building activity in October 2025 were down in all major segments with the exception of housing completions, which were up from September. Housing completions totaled 1,386,000, up 1.1% from a revised September estimate…

U.S. residential construction mixed in October 2025, Census Bureau says

Chicago Construction News staff writer Privately owned residential construction in the United States showed mixed trends in October 2025, according to new data released Friday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Building permits for new homes were issued at a seasonally adjusted annual rate of 1,412,000, down 0.2% from September’s revised rate of 1,415,000 and 1.1% below October 2024, when 1,428,00…

U.S. Housing Construction Starts Slide 4.2% to a 1.25MM Pace as Builders Pull Back

Elevated inventories, affordability pressures and uneven demand keep residential construction subdued After several years in which housing construction helped buffer the economy against higher interest rates, the sector is again showing signs of fatigue. New data from Wells Fargo Economics suggest that builders are trimming activity as inventories rise and affordability remains strained, even as […] The post U.S. Housing Construction Starts Slid…