Privately owned housing starts for all property types in October 2025 declined to their lowest level in nearly six years, according to a Jan. 9 report from the Census Bureau.
The report shows starts at a seasonally adjusted annual rate of 1.24 million—a 4.6 percent decrease from the revised September estimate of 1.31 million. October starts represent a 7.8 percent decrease from October 2024, when starts were 1.35 million, and mark the lowest level since July 2020, when housing starts stood at 1.26 million.
