![June housing starts drop again](https://www.strata-gee.com/wp-content/uploads/2022/07/new_construction.jpg)
After a dramatic double-digit drop in May, June housing starts declined again, with overall starts not only dropping below May’s rate to a nine-month low but also coming in well below the rate in June 2021. Single-family starts in June hit their lowest seasonally adjusted annual rate since July 2020.