【Zillow】March 2026: Housing starts increased in March, but falling new home prices, rising resale inventory could keep builders sidelined

• Building permits issued in March fell to 1,372,000 (SAAR). That’s 10.8% below the revised February rate and is 7.4% lower than in March 2025. Single-family permits were at a rate of 895,000 in March. This is 7.9% lower than the previous year.
• Housing starts increased to 1,502,000 (SAAR) in March, up 10.8% from the revised February estimate and 10.8% higher than in March 2025, according to the U.S. Census Bureau.
• Single-family housing starts increased to 1,032,000 (SAAR) in March, 9.7% above the February estimate and 8.9% higher than in March 2025.

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