【Zillow】May Housing Starts: Bottleneck of Homes Finding its Way to Market Amid Affordability Woes

• May housing starts totaled 1.55 million (SAAR), down 14.4% from April 2022 and down 3.5% from May 2021, according to the U.S. Census Bureau.
• Housing permits issued in May were down 7.0% from April and up slightly (0.2%) from a year ago, to 1.7 million (SAAR).
• 1.47 million (SAAR) homes were completed in May, up 9.1% from April and up 9.3% year-over-year.

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