Neil Scott Vogel NMLSR ID 111644 - Wells Fargo

05/27/2026

Through the first four months of 2026, housing starts are running 2.2% ahead of the pace from last year. Nevertheless, single-family starts declined 9.0% in April and are down 5.1% year-to-date. In contrast, multifamily housing starts have surged, with year-to-date starts up 20.1%. Specifically, April multifamily starts hit an annual rate of 529,000 units, a 27.1% increase over total starts in 2025.

This page provides national and regional data on the number of new housing units authorized by building permits; authorized, but not started; started; under construction; and completed. The data are for new, privately-owned housing units, excluding "HUD-code" manufactured (mobile) homes. The data ar...

02/23/2026

Housing starts ended 2025 with solid gains of 3.9% and 6.2% in November and December, respectively. Nevertheless, the total of 1.359 million starts last year was a 0.6% decline from 2024. Single-family starts, about 70% of total starts, dropped 6.9% in 2025 to 943,000 units. Multifamily starts, on the other hand, climbed to 415,700 units, 17.3% above 2024’s starts.

12/15/2025

The Federal Reserve cut its short-term interest rate target by 25 basis points on Wednesday, December 10. That’s the third consecutive FOMC meeting resulting in a quarter-point cut. The target range for overnight lending in the fed funds market is now 3.75% to 3.50%, its lowest level in three years. The next FOMC meeting is scheduled for January 27-28.

The Federal Reserve Board of Governors in Washington DC.