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U.S. Housing Starts Fall 15.4% in May to 1.18M Units, Down 8.9% Year-over-Year

2026-06-16 18:49:57

According to Commerce Department data released Tuesday, U.S. housing starts fell 15.4% in May to a seasonally adjusted annual rate of 1.18 million units, significantly worse than economist forecasts of 1.43 million. The decline marks an 8.9% decrease compared to May 2025. Building permits for future homebuilding also fell 0.7% to 1.413 million. Spot gold traded near $4,349.40 per ounce, up approximately 1% on the day, as the precious metal continued to attract safe-haven interest amid the housing sector slowdown.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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U.S. Housing Starts Decline 15.4% in May, Far Below 2% Forecast

U.S. Construction Permits Fall 0.7% in May, Miss -0.9% Forecast

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