A home is constructed at a housing development in Lemont, Ill., in this file photo. Scott Olson/Getty ImagesPrivately owned housing starts for all property types in October 2025 declined to their lowest level in nearly six years, according to a Jan. 9 report from the Census Bureau.The report shows starts at a seasonally adjusted annual rate of 1.24 million—a 4.6 percent decrease from the revised September estimate of 1.31 million. October starts represent a 7.8 percent decrease from October 2024, when starts were 1.35 million, and mark the lowest level since July 2020, when housing starts stood at 1.26 million.
US Housing Starts Drop to Lowest Level Since July 2020: Census Bureau
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