--- title: "U.S. Housing Starts Plunge Much More Than Expected In July" type: "News" locale: "en" url: "https://longbridge.com/en/news/296230147.md" description: "U.S. housing starts plummeted 12.4% to an annual rate of 1.239 million in July, a sharper decline than the expected 5.4% drop. This follows a revised 19.7% surge in June. The Commerce Department reported the data on Tuesday, highlighting a significant reversal in new residential construction activity." datetime: "2026-08-18T12:40:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296230147.md) - [en](https://longbridge.com/en/news/296230147.md) - [zh-HK](https://longbridge.com/zh-HK/news/296230147.md) --- # U.S. Housing Starts Plunge Much More Than Expected In July Add as your preferred news source on Google Add Now New residential construction in the U.S. plummeted by much more than expected in the month of July, according to a report released by the Commerce Department on Tuesday. The Commerce Department said housing starts nosedived by 12.4 percent to an annual rate of 1.239 million in July after skyrocketing by 19.7 percent to a revised rate of 1.415 million in June. Economists had expected housing starts to plunge by 5.4 percent to an annual rate of 1.350 million from the 1.427 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 - [IYR.US](https://longbridge.com/en/quote/IYR.US.md) - [DRV.US](https://longbridge.com/en/quote/DRV.US.md) - [RWR.US](https://longbridge.com/en/quote/RWR.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) - [VNQ.US](https://longbridge.com/en/quote/VNQ.US.md) - [XLRE.US](https://longbridge.com/en/quote/XLRE.US.md) - [SRHR.US](https://longbridge.com/en/quote/SRHR.US.md) ## Related News & Research - [TABLE-US July pending home sales fall 2.3 pct](https://longbridge.com/en/news/296239808.md) - [US single-family housing starts slide in July](https://longbridge.com/en/news/296231402.md) - [The 10 housing markets where the most sellers have listed their homes for less than what they paid](https://longbridge.com/en/news/295710455.md) - [Redfin: U.S. home prices rise 0.27% in July, growth essentially flat vs June](https://longbridge.com/en/news/296226245.md) - [TABLE- US July existing homes sales data](https://longbridge.com/en/news/295548435.md)