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المشهد العربي
U.S. housing sector performance varies
The U.S. housing sector showed mixed performance in June 2026. Building permits declined by 3% month-on-month to 1.367 million units, coming in below expectations. Conversely, housing starts unexpectedly jumped by 19% to 1.427 million units, primarily supported by the multi-family residential sector. Despite the rebound in construction begins, the outlook remains cautious due to rising borrowing costs and concerns over tightening policies from the Federal Reserve, which are imposing restrictions on market activity and leading to a decline in single-family housing construction.
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