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July 2025 New Residential Construction What happened New residential construction activity provided mixed signals in July, with starts rising on both a month-over-month and year-over-year basis, but permits and completions falling compared to last year at this time. Homebuilding has been relatively slow this year, as concerns surrounding tariffs combined with depressed buyer demand has
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Housing Starts Pick Up in July, but Overall Building Activity Remains Slow
July 2025 New Residential Construction What happened New residential construction activity provided mixed signals in July, with starts rising on both a month-over-month and year-over-year basis, but permits and completions falling compared to last year at this time. Homebuilding has been relatively slow this year, as concerns surrounding tariffs combined with depressed buyer demand has