--- title: "U.S. Housing Starts Unexpectedly See Further Downside In August" type: "News" locale: "en" url: "https://longbridge.com/en/news/299322563.md" description: "U.S. housing starts unexpectedly declined by 2.6% in August to an annual rate of 1.309 million, according to the Commerce Department. This follows a revised 9.0% plunge in July. The drop contrasted sharply with economists' expectations of a 6.1% increase." datetime: "2026-09-17T12:46:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299322563.md) - [en](https://longbridge.com/en/news/299322563.md) - [zh-HK](https://longbridge.com/zh-HK/news/299322563.md) generator: "portal-rs" --- # U.S. Housing Starts Unexpectedly See Further Downside In August Add as your preferred news source on Google Add Now New residential construction in the U.S. unexpectedly saw further downside in the month of August, according to a report released by the Commerce Department on Thursday. The Commerce Department said housing starts slumped by 2.6 percent to an annual rate of 1.309 million in August after plunging by 9.0 percent to a revised rate of 1.439 million in July. Economists had expected housing starts to spike by 6.1 percent to an annual rate of 1.315 million from the 1.239 million originally reported for the previous month. This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription. Start Free Trial FREE 7-Day Trial - No Payment Required Already subscribed? Sign in For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [RWR.US](https://longbridge.com/en/quote/RWR.US.md) - [XLRE.US](https://longbridge.com/en/quote/XLRE.US.md) - [DRV.US](https://longbridge.com/en/quote/DRV.US.md) - [VNQ.US](https://longbridge.com/en/quote/VNQ.US.md) - [SRHR.US](https://longbridge.com/en/quote/SRHR.US.md) - [IYR.US](https://longbridge.com/en/quote/IYR.US.md) - [URE.US](https://longbridge.com/en/quote/URE.US.md) - [DRN.US](https://longbridge.com/en/quote/DRN.US.md) - [SCHH.US](https://longbridge.com/en/quote/SCHH.US.md) ## Related News & Research - [U.S. New Home Sales Rebound In June, Annual Rate Exceeds Estimates](https://longbridge.com/en/news/293771545.md) - [U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025](https://longbridge.com/en/news/298614975.md) - [If the Fed Raises Interest Rates Again in 2026, I Predict These ETFs Will Be the Smartest Buys](https://longbridge.com/en/news/303980578.md) - [EXCLUSIVE: Canary CEO's 30-Year Bond Bear Call Raises a Bigger Question for REIT ETFs](https://longbridge.com/en/news/301513624.md) - [U.S. Pending Home Sales Unexpectedly Tumble To Six-Month Low](https://longbridge.com/en/news/296242045.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**