Construction Activity and Housing Supply: What It Means for Buyers

A Mixed Signal: Permits Up, Starts Down The U.S. Census Bureau and HUD's July 2026 New Residential Construction report showed a notable divergence that's worth understanding if you're tracking future housing supply. Building permits, a forward-looking indicator of construction that hasn't broken ground yet, rose 5.0% month-over-month to a seasonally adjusted annual rate of 1,443,000 …

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