Privately‐owned housing starts in the United States saw a monthly increase of 5.7% in April to reach 1,360,000, the US Census Bureau unveiled in its report published on Thursday. Compared to April 2023, the figure declined by 0.6%.

Single-family housing starts decreased by 0.4% month-on-month to land at 1,031,000. Privately‐owned housing completions rose by 8.6% on a monthly level and 14.6% on an annual one to come in at 1,623,000.

Building permits for privately owned housing units declined by 3.0% compared to March and 2.0% in contrast with April 2023 to 1,440,000. Single‐family authorizations dropped by 0.8% month-on-month to 976,000.