For the first time in more than a year, privately owned housing units saw a significant increase in starts in March, possibly signaling forward movement in the home construction sector.
The Census Bureau’s Monthly New Residential Construction Report, issued on April 29, indicated that housing starts in March on a seasonally adjusted annual basis saw a 10.8 percent increase from February’s revised estimate of 1,356,000 to 1,502,000. The March data also represent a 10.8 percent rise above the March 2025 rate of 1,355,000.
Single-family housing starts in March came in at a seasonally adjusted annual rate of 1,032,000—a 9.7 percent advance from the upwardly revised February figure of 941,000, marking the highest start level since February 2025. The March start rate for units in buildings with five or more apartments was 446,000….