Privately owned housing starts in April were at a seasonally adjusted annual rate of 1,360,000. This is 5.7% above March, but 0.6% below April 2023. Single‐family housing starts in April were at a rate of 1,031,000; this is 0.4% below March.
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The April rate for units in buildings with five units or more was 322,000.
Privately‐owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,440,000. This is 3% below March and 2% below the April 2023 rate. Single‐family authorizations in April were 0.8% below March.
Authorizations of units in buildings with five units or more were at a rate of 408,000 in April.
Privately‐owned housing completions in April were at a seasonally adjusted annual rate of 1,623,000. This is 8.6% above March and 14.6% above April 2023. Single‐family housing completions in April were at a rate of 1,092,000; this is 15.4% above March.
The April rate for units in buildings with five units or more was 516,000.
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