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home / news releases / HOMZ - May Housing Permits And Starts Continue Down From Recent Peak

HOMZ - May Housing Permits And Starts Continue Down From Recent Peak

Hoya Capital Housing
  • In May, housing permits, including the least volatile single-family permits, continued to decline from their January peak.
  • Meanwhile, the more volatile and slightly lagging housing starts increased, but remained below their March peak.
  • With a 10% decline in permits, and 9% in starts, the minimum decline to be consistent with a possible upcoming recession has nearly been met.

For further details see:

May Housing Permits And Starts Continue Down From Recent Peak
Stock Information
Company Name: Hoya Capital Housing
Stock Symbol: HOMZ
Market: NYSE
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