Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › US Housing Starts Drop to the Weakest Pace Since 2020
Business & Finance

US Housing Starts Drop to the Weakest Pace Since 2020

US Housing Starts Drop to the Weakest Pace Since 2020
Bloomberg Markets Tuesday 16 June 2026, 12:34 UTC By Michael Sasso 1 min read
Key Points

US Housing Starts Drop to the Weakest Pace Since 2020 New residential construction in the US slowed to the weakest pace in six years, driven by a steep decline in apartment projects. Housing starts decreased 15.4% in May to an annualized rate of 1.18 million, federal data released Tuesday showed. That trailed all estimates of economists surveyed by Bloomberg.

US Housing Starts Drop to the Weakest Pace Since 2020 New residential construction in the US slowed to the weakest pace in six years, driven by a steep decline in apartment projects. Housing starts decreased 15.4% in May to an annualized rate of 1.18 million, federal data released Tuesday showed. That trailed all estimates of economists surveyed by Bloomberg.
US (LOCATION) the Weakest Pace (ORG) US Housing Starts Drop (EVENT) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Plurimi CIO Sees Value in AI Supply Chain

Jun 18th, 2026 Plurimi CIO Sees Value in AI Supply Chain Plurimi Wealth Chief Investment Officer Patrick Armstrong says he sees value in the artificial intelligence supply chain, stocks such as Micron, Samsung and Nvidia. "We're underweight the Magnificent Seven — the hyperscalers — those are the companies that are spending a trillion dollars over the next 12 months on AI datacenters," Armstrong tells Bloomberg Television. "And we own the companies they're giving the money to."

Bloomberg Technology 11m ago

Jeremy Grantham on How to Tell If a Bubble Is About to Burst

Jeremy Grantham on How to Tell If a Bubble Is About to Burst From SpaceX to the South Sea. Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter Jeremy Grantham, co-founder and long-term strategist of GMO, has a long history of calling bubbles.

Bloomberg Markets 11m ago

B&M launches major sale with perfumes and designer scents from £4

B&M launches major sale with perfumes and designer scents from £4 Prices have been dropped as part of this major sale across budget and designer products B&M has announced a major sale on designer fragrances for men and women, including big-name designers like Marc Jacobs, Hugo Boss and more. Prices start from as little as £4, with deals available to all shoppers which knock over £60 off the price of some major names. The discounts are available in all B&M stores across the UK while stock...

Daily Mirror 11m ago

How Gráinne Wafer Is Modernizing Guinness

Diageo Global Category Director Gráinne Wafer reflects on her personal connection to the Guinness brand and the challenge of keeping an almost 270-year-old icon relevant for a new generation of drinkers.

Bloomberg Markets 11m ago