macro_housing

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Latest U.S. new residential construction: housing starts and building permits, seasonally-adjusted annualized rate. Housing starts (ground broken) and permits (approved but not necessarily started, a leading indicator) are the two headline figures from the Census Bureau's New Residential Construction survey, reported at a seasonally-adjusted annualized rate in thousands of units. When to use: gauging housing-market momentum, a leading indicator for construction activity (permits lead starts), macro context for rate-sensitive sectors. When NOT to use: you need single-family vs multi-family breakdown, regional detail, or completions data. Args: none. Returns structuredContent: { "asOf": "2026-06", "startsThousands": 1427, "permitsThousands": 1380, "startsMomPercent": 19.0, "permitsMomPercent": 2.1, "source": "https://www.census.gov/construction/nrc/index.html" } Figures are in thousands of units at a seasonally-adjusted annual rate (SAAR), the standard convention for this release.