U.S. housing starts fall to six-year low
US housing starts drop big in May 2026. Total starts at 1.177 million units per year rate. This is 15.4% down from April. Lowest level since May 2020, six years ago. Single family starts at 882,000, small drop. Multi family starts fall hard 41% to 284,000. High mortgage rates and costs make builders wait. Data …