New home construction in the United States surged 19% in June: Multi-family housing starts skyrocketed by 76% to "support the scene," while single-family homes remained stagnant amid lingering chill.

According to the intelligent financial APP, new home construction in the United States surged by 19% in June on a month-on-month basis, but the strong performance was driven entirely by volatile apartment projects. Meanwhile, the construction of single-family homes and building permits continued to decline, highlighting how high interest rates, high inventory, and uncertainty caused by the conflict in the Middle East are continuing to suppress residential investment.