(The Center Square) – New home construction data from the month of August generally continues existing trends in the housing market, according to market analysts.
Construction began on approximately 1.275 million homes and apartments in August, down 2.6% from July and 1.2% from August 2025. Building permits were issued for approximately 1.394 million units, down 2.7% from July but up 3.5% from a year earlier.
kAm~CA96 s:G@F?8FJ[ 49:67 64@?@>:DE @7 "F2?E:E2E:G6 #6D62C49 vC@FA 2?5 7@C>6C 64@?@>:DE 2E +:==@H[ H2D?’E DFCAC:D65 3J pF8FDE’D ?F>36CD[ H9:49 96 D2:5 C67=64E65 2 3C@256C “4@?EC@==65 D=@H5@H?” :? 9@>63F:=5:?8]k^Am
kAm“%96 C6A@CE :D @? EC6?5 H:E9 E96 4@@=:?8 xVG6 366? 7=288:?8[” s:G@F?8FJ E@=5 %96 r6?E6C $BF2C6] “%@E2= DE2CED H6C6 6DD6?E:2==J 7=2E] $@[ ?@E 2 4@?DECF4E:@? 4=:77 — 3F:=5:?8 :D ?@C>2=:K:?8[ ?@E 4C24<:?8]”k^Am
kAmp? 2?2=JD:D 7C@> y@6= q6C?6C[ 2 D6?:@C 64@?@>:DE 2E k2 9C67lQ9EEAi^^#62=E@C]4@>Qm#62=E@C]4@>k^2m[ @776C65 2 D:>:=2C A:4EFC6 @7 E96 pF8FDE ?F>36CD[ DF886DE:?8 ?6:E96C 2 9@FD:?8 3@@> ?@C 42FD6 7@C D6C:@FD 4@?46C?]k^Am
kAm“}6H C6D:56?E:2= 4@?DECF4E:@? 24E:G:EJ D9@H65 D:8?D @7 4FCC6?E EC6A:52E:@? 2>@?8 3F:=56CD[” 96 HC@E6 :? 2 DE2E6>6?E D92C65 H:E9 %96 r6?E6C $BF2C6[ ?@E:?8 492==6?86D DF49 2D C:D:?8 4@DED @7 4@?DECF4E:@? >2E6C:2=D 2?5 =23@C[ 2D H6== 2D D=@H D2=6D] qFE E96 C6A@CE 2=D@ 4@?E2:?65 D@>6 C62D@?D E@ 36 @AE:>:DE:4 7@C E96 7FEFC6[ 244@C5:?8 E@ q6C?6C]k^Am
kAm(9:=6 9@FD:?8 DE2CED H6C6 “2 3:E H62<[” A6C>:EE:?8 52E2 DF886DE65 4@?DECF4E:@? 24E:G:EJ >2J :>AC@G6 :? E96 4@>:?8 >@?E9D]k^Am
kAm“!6C>:ED 925 2 DEC@?8 yF=J 367@C6 8:G:?8 324< 2 3:E @7 8C@F?5 :? pF8FDE 3FE C6>2:? D=:89E=J 29625 @7 =2DE J62C’D A246[” q6C?6C D2:5] “%9:D >FE65 A6C>:EE:?8 @FEAFE :D E96 3C:89E DA@E @7 pF8FDE’D ?6H 4@?DECF4E:@? C6A@CE[ 9:?E:?8 2E D@>6 9@A6 E92E 4@?5:E:@?D 7@C 3F:=56CD H:== :>AC@G6 :? E96 ?62C 7FEFC6]”k^Am
kAm~G6C2==[ pF8FDE’D ?F>36CD 7:E :?E@ E96 =2C86C EC6?5 @7 2 9@FD:?8 >2C<6E 4@?DEC2:?65 3J 277@C523:=:EJ AC6DDFC6D]k^Am
kAm“xE’D 2== 23@FE >@CE8286 C2E6D 2?5 2 D=F88:D9 =23@C >2C<6E[” s:G@F?8FJ D2:5]k^Am
More from this section
kAm|@CE8286 C2E6D 86?6C2==J 76== @G6C E96 4@FCD6 @7 a_ad F?E:= E96J 3@EE@>65 ?62C eT :? u63CF2CJ — 3FE E96? E96J DE2CE65 4=:>3:?8 282:?] %96 2G6C286 C2E6 @? 2 b_\J62C 7:I65 >@CE8286 92D D:?46 C:D6? E@ e]hdT[ 244@C5:?8 E@ uC655:6 |24[ H9:=6 52:=J 6DE:>2E6D 92G6 E@AA65 f]aT]k^Am
kAm“w:896C >@CE8286 C2E6D H@CD6? 277@C523:=:EJ 2?5 <66A A@E6?E:2= 9@>6 3FJ6CD @? E96 D:56=:?6D[” s:G@F?8FJ D2:5]k^Am
kAm%96C6 H6C6 2=D@ 76H6C A6@A=6 =@@<:?8 E@ AFC492D6 2 9@>6 E9:D pF8FDE E92? E96C6 H6C6 2 J62C 28@] pD 56>2?5 92D H62<6?65 2?5 E96 ?F>36C @7 9@>6D 7@C D2=6 92D 8C@H?[ 9@>6D 2C6 E2<:?8 =@?86C E@ D6== 2?5 3F:=56CD 92G6 :?4C62D:?8=J C6=:65 @? :?46?E:G6D[ :?4=F5:?8 >@CE8286 C2E6 3FJ5@H?D 2?5 @E96C 4@?46DD:@?D[ 244@C5:?8 E@ s:G@F?8FJ]k^Am
kAmqFE 4@?5:E:@?D 2=D@ G2CJ D:8?:7:42?E=J 56A6?5:?8 @? E96 EJA6 @7 9@>6 2?5 H96C6 :E :D =@42E65[ 244@F?E:?8 7@C H92E s:G@F?8FJ 56D4C:365 2D 2 “EH@\DA665” 9@FD:?8 >2C<6E]k^Am
kAm“%96 =FIFCJ D68>6?E ,4@?E:?F6D. E@ @FEA6C7@C> H9:=6 E96 ?@?\=FIFCJ >2C<6E C6>2:?D F?56C DEC6DD[” s:G@F?8FJ D2:5]k^Am
kAm%96 9@FD:?8 >2C<6ED :? r=6G6=2?5[ w2CE7@C5[ z2?D2D r:EJ[ #:49>@?5 2?5 $2? uC2?4:D4@ 2C6 E:89E6C E92? >2C<6ED :? E96 $@FE9] %96C6’D 4FCC6?E=J >@C6 E@ 49@@D6 7C@> :? $F? q6=E 4:E:6D =:<6 pE=2?E2[ pFDE:?[ w@FDE@?[ |:2>: 2?5 }2D9G:==6]k^Am
kAmu@C E9@D6 =@@<:?8 E@ 3FJ E9:D 72==[ q6C?6C 2?5 s:G@F?8FJ 25G:D6 E2<:?8 25G2?E286 @7 4FCC6?E @AA@CEF?:E:6D H9:=6 E96J =2DE]k^Am
kAm“qFJ6CD 92G6 E96 @AA@CEF?:EJ E@ E2<6 25G2?E286 @7 3F:=56CD 4FEE:?8 AC:46D 2?5 @776C:?8 :?46?E:G6D ?@H[ 3FE :7 E96 ?F>36C @7 ?6H 9@>6D 4@>:?8 @?E@ E96 >2C<6E D=@HD D:8?:7:42?E=J[ E96J >2J ?@E 92G6 E9:D @AA@CEF?:EJ 7@C =@?8[” q6C?6C HC@E6]k^Am
kAmu@C D6==6CD[ s:G@F?8FJ 25G:D6D AC:4:?8 9@>6D 32D65 @? 4FCC6?E >2C<6E 4@?5:E:@?D 2?5 4@>A6E:E:@? C2E96C E92? =2DE J62C’D 4@>A2C23=6 D2=6D[ A2CE:4F=2C=J :? E96 $F? q6=E]k^Am
