Housing starts in the US jumped 19% to a seasonally adjusted annualized rate of 1427 thousand units in June 2026, the highest in three months, compared to forecasts of 1310 thousand.
It follows a revised 15.4% jump in May that sent housing starts to a six-year low.
Multi-family starts soared 76.3% to 513 thousand, following a 41% plunge in the previous month.
Meanwhile, single-family starts edged down 0.2% to 895 thousand, a third consecutive month of falls.
Starts soared in all four main regions: the South (15.2% to 741 thousand), the Midwest (33.3% to 248 thousand), the Northeast (10.3% to 129 thousand) and the West (22.1% to 309 thousand).