BEGIN:VCALENDAR VERSION:2.0 PRODID:-//financecalendar.com - ECPv6.15.20//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:financecalendar.com X-ORIGINAL-URL:https://www.financecalendar.com X-WR-CALDESC:Events for financecalendar.com REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:UTC BEGIN:STANDARD TZOFFSETFROM:+0000 TZOFFSETTO:+0000 TZNAME:UTC DTSTART:20250101T000000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=UTC:20260717T000000 DTEND;TZID=UTC:20260717T235959 DTSTAMP:20260612T024731 CREATED:20260607T100617Z LAST-MODIFIED:20260607T100617Z UID:1321-1784246400-1784332799@www.financecalendar.com SUMMARY:US New Residential Construction (Housing Starts) July 2026 DESCRIPTION:Home\n ›\n Events\n ›\n Economic Indicators\n ›\n US New Residential Construction (Housing Starts) July 2026\n \n \n\n \n \n \n\n \n \n\n \n \n \n \n \n \n Economic Indicators \n \n \n Medium Impact\n \n \n US New Residential Construction (Housing Starts) July 2026\n The US Census Bureau and the Department of Housing and Urban Development (HUD) will release the New Residential Construction report for June 2026 on Friday\, July 17\, 2026\, at 8:30 AM EDT. The report will cover housing starts\, building permits\, and housing completions for the June 2026 reference month\, providing the second of the summer 2026 housing data updates. \n \n \n \n Friday\, July 17\, 2026 \n \n \n \n 5 min read\n \n \n \n \n Finance Calendar Editorial\n \n \n \n\n \n \n At a Glance\n \n \n Event\n US New Residential Construction (Housing Starts) July 2026\n \n \n Date\n July 17\, 2026\n \n \n Category\n Economic Indicators\n \n \n Impact\n Medium\n \n \n \n\n \n \n \nAt a Glance\n\n\n\nRelease Date\nFriday\, July 17\, 2026\n\n\nRelease Time\n8:30 AM EDT\n\n\nPublished By\nUS Census Bureau and HUD\n\n\nReference Month\nJune 2026\n\n\nPrior Reading (April 2026)\n1\,465\,000 units (SAAR)\n\n\nMarket Impact\nMedium\n\n\n\nWhat Are Housing Starts?\nHousing starts measure the number of new residential construction projects that begin in a given month\, expressed as a seasonally adjusted annual rate (SAAR). The New Residential Construction report\, jointly published by the US Census Bureau and HUD\, covers single-family homes and multi-family buildings of five or more units. The report is released on the 12th working day following the reference month\, making July 17 the standard release date for June 2026 data. \nThe report includes three key measures: housing starts (new projects begun)\, building permits (official approvals to build\, a leading indicator of future starts)\, and housing completions (units finished and available). Each carries distinct market significance. Starts reflect builder confidence and immediate construction activity. Permits signal the pipeline of planned construction over the next several months. Completions indicate new supply entering the market\, which bears on housing availability and rent dynamics. \nHousing starts connect directly to the broader economy through construction employment\, materials demand\, and consumer spending on furnishings and home equipment. For the Federal Reserve (the Fed)\, new supply of housing is a key variable in the outlook for shelter inflation\, which has been a persistent component of overall CPI in recent years. \nHousing Starts Release: July 17\, 2026\nThe July 17 report will cover June 2026 housing starts. By the time of this release\, the May 2026 housing starts figure will also be known\, having been published on June 16\, 2026 (see the US New Residential Construction June 2026 report). As of writing in early June 2026\, the most recent confirmed data is April 2026 at 1\,465\,000 starts (SAAR)\, a 2.8% decline from March’s 1\,502\,000. Building permits in April came in at 1\,442\,000. \nJune marks the peak of the traditional spring and summer building season in the United States\, when favourable weather and buyer activity typically drive construction volumes higher. Seasonal adjustment accounts for this cyclical pattern\, but strong underlying demand may still push seasonally adjusted figures above the recent 1\,460\,000 to 1\,500\,000 range. No formal consensus forecast for June 2026 housing starts is available at time of writing; the May 2026 reading (released June 16) will establish the immediate prior reading ahead of this report. \nWhy This Release Matters\nSummer housing activity carries additional weight in 2026 because the market is navigating two competing forces: the positive tailwind of somewhat lower mortgage rates versus the negative headwind of higher construction costs driven by energy prices\, material tariffs\, and labour inflation. Builders in the South and West\, which account for the majority of US construction activity\, have reported mixed confidence levels\, with some markets showing resilient demand and others showing buyer hesitancy amid high affordability challenges. \nThe July 17 data will be particularly relevant for the FOMC Rate Decision July 2026 on July 29. Committee members will have both the June starts data and the prior May reading available as they assess the housing sector’s contribution to the economic expansion. A series of strong June and July housing reads would reduce pressure for rate cuts; a series of misses would add to the case for easing monetary conditions to stimulate home construction. \nHomebuilder stocks (D.R. Horton\, Lennar\, PulteGroup\, NVR) and building material companies are the most directly affected by the weekly housing data flow\, but the sector’s sensitivity ripples into consumer confidence\, lumber prices\, and mortgage REIT performance. A strong June housing starts reading would also be a positive signal for the July retail sales report\, as new home purchases drive spending at home improvement and furnishings retailers. \nWhat to Watch For\n\nAbove 1\,490\,000 units: A strong reading would suggest builders are capitalising on the summer building season and buyer demand remains sufficient to warrant new supply investment. Homebuilder shares should respond positively\, and the data would support a more optimistic outlook for residential investment in Q3 GDP.\nIn line (approximately 1\,440\,000 to 1\,490\,000 units): A reading within the recent range confirms stability. The market response will be muted\, and focus will shift to the building permits sub-component as the more forward-looking figure.\nBelow 1\,400\,000 units: A significant miss would raise concerns about whether higher energy and material costs are beginning to deter builders\, or whether buyer affordability constraints are suppressing demand for new homes. Homebuilder stocks could sell off\, and the data would add to arguments for Fed rate cuts.\n\nBeyond the headline\, the single-family versus multi-family breakdown will be closely watched. Multi-family starts have been volatile in recent months\, and a shift in the composition can alter the market interpretation significantly. Rising multi-family starts with flat single-family starts\, for instance\, would indicate developer-led rental construction growth rather than broad-based consumer housing demand. \nHistorical Context\n\n\n\nMonth\nActual (SAAR\, thousands)\nNotes\n\n\n\n\nDecember 2025\n1\,373\nYear-end recovery\n\n\nJanuary 2026\n1\,487\n+8.3% surge\n\n\nMarch 2026\n1\,502\nPost-2024 high\n\n\nApril 2026\n1\,465\n-2.8% pullback\n\n\nMay 2026\nTBC (released June 16)\n–\n\n\nJune 2026\nTBC (released July 17)\n–\n\n\n\nSource: US Census Bureau and HUD. All figures are seasonally adjusted annual rates (SAAR) in thousands of units. \nMarket Positioning\nAhead of the July 17 release\, the most important market signal will come from the May 2026 housing starts data published on June 16. If May confirms a rebound after April’s dip\, markets will enter the July 17 report expecting June to sustain that trend\, setting up the potential for a positive surprise. If May disappoints\, expectations will be reset lower and a June recovery will be needed to prevent a narrative of declining construction momentum. \nMortgage rate movements between now and mid-July will also shape the context for the June data. Any further decline in 30-year fixed mortgage rates would tend to be supportive of housing activity\, while a renewed rise would add to affordability pressures. The US Retail Sales July 2026 release on July 16 will arrive one day before the housing starts data\, giving markets a near-simultaneous picture of consumer spending and construction activity in a key reporting week. \nRelated Events\n\nUS New Residential Construction June 2026 – Released June 16\, the prior month’s housing starts data will set expectations for the July release.\nUS Retail Sales July 2026 – Released July 16\, one day before this report\, providing a concurrent read on consumer conditions in June.\nFOMC Rate Decision July 2026 – The July 29 Fed meeting will incorporate June housing data alongside other indicators in its economic assessment.\n\nFrequently Asked Questions\nWhat does the housing starts report cover?\nThe New Residential Construction report covers three main metrics: housing starts (new projects begun)\, building permits (government approvals to build\, a leading indicator)\, and housing completions (units finished). All figures are expressed as seasonally adjusted annual rates. The data covers private residential units in buildings of any size across all US regions. \nWhen is the July 2026 housing starts report released?\nThe US Census Bureau and HUD will release the New Residential Construction report for June 2026 on Friday\, July 17\, 2026\, at 8:30 AM EDT. The report is available at census.gov/construction/nrc immediately upon release. \nHow do housing starts relate to mortgage rates?\nMortgage rates directly affect builder and buyer behaviour. Lower mortgage rates reduce the cost of financing a new home purchase\, stimulating demand and encouraging builders to begin new projects. Higher rates have the opposite effect: they raise monthly payments\, reduce affordability\, and can lead to cancellations of planned new builds. Historically\, housing starts have moved inversely with the 30-year mortgage rate over multi-month periods\, though the relationship can be disrupted by supply constraints\, labour shortages\, and material cost volatility. \n \n\n \n \n Related events\n \n \n \n Medium\n US New Residential Construction (Housing Starts) June 2026\n Jun 16\n \n \n \n \n Medium\n US Retail Sales June 2026\n Jun 17\n \n \n \n \n Low\n NYSE/NASDAQ: Juneteenth 2026\n Jun 19\n \n \n \n \n \n \n\n \n \n\n \n \n Upcoming Events\n \n \n \n \n 16 Jun\n Bank of Japan Rate Decision June 2026\n \n \n \n \n \n 16 Jun\n US New Residential Construction (Housing Starts) June 2026\n \n \n \n \n \n 17 Jun\n FOMC Rate Decision June 2026\n \n \n \n \n \n 17 Jun\n US Retail Sales June 2026\n \n \n \n \n \n 18 Jun\n Bank of England MPC Rate Decision June 2026\n \n \n \n \n \n 19 Jun\n NYSE/NASDAQ: Juneteenth 2026\n \n \n \n \n \n \n \n Add to Calendar\n \n Get a reminder before this release lands. \n \n \n \n Google Calendar\n \n \n \n Apple / Outlook (.ics)\n \n \n \n \n \n \n \n Event Series\n \n Economic Indicators\n All upcoming economic indicators events with previews and analysis. \n View all events → URL:https://www.financecalendar.com/event/us-new-residential-construction-housing-starts-july-2026/ CATEGORIES:Economic Indicators END:VEVENT END:VCALENDAR