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Multifamily construction powers strongest housing-starts gain in months

Rental-focused development fuels rebound
The increase in housing starts was driven entirely by multifamily projects. Shown is a new development with rental units under construction in Dallas, Texas. (Getty Images)<br/>
The increase in housing starts was driven entirely by multifamily projects. Shown is a new development with rental units under construction in Dallas, Texas. (Getty Images)
CoStar News
July 17, 2026 | 7:24 P.M.

U.S. housing starts soared in June, though the news comes with an asterisk. The jump may not translate into much immediate relief for homebuyers because builders broke ground on few new single-family homes.

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