US single-family housing starts rose 9.7% in March to about 1.03 million units, the highest since February 2025, while overall residential starts increased 10.8% to 1.5 million units. However, single-family permits fell 3.8% and overall permits dropped 10.8%, signaling caution ahead. Rising costs from tariffs, conflict-related fuel price increases, and higher mortgage rates have pressured builder confidence, which remains low.
A current market report showed typical US rent at $1.9K, while Miami metro rents ran significantly higher, intensifying pressure on household budgets. The article said
US single-family housing starts rose 9.7% in March to about 1.03 million units, the highest since February 2025, while overall residential starts increased 10.8% to
US builder sentiment fell to 34 in Early-Q2, missing the 37 expectation and dropping from 38 previously, signaling worsening conditions in residential construction. Key components
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