Single Family Starts Down Slightly Year-over-year in May; Multi-Family Starts Down 50%

Housing Starts Decreased to 1.277 million Annual Rate in May From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,277,000. This is 5.5 percent below the revised April estimate of 1,352,000 and is…