Housing starts sink to pandemic levels as builders worry about inflation

By: Tim Henderson

Outlets: Stateline

Published: June 16, 2026

Words: 188

Last Updated: 1 month, 1 week ago

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May housing starts fell to the lowest level since the pandemic disrupted construction six years ago, the U.S. Census Bureau announced Tuesday. Builder confidence has dropped recently because of higher material and financing costs.

The change threatens to exacerbate housing shortages and disrupt recent progress in most states toward building enough new housing for new residents.

Starts were down to an annual rate of 1.17 million, the lowest since April 2020, …

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