FX.co ★ US Housing Starts Accelerate in November, Point to Stronger Construction Momentum

U.S. housing starts showed a sharp pickup in November 2025, signaling renewed strength in residential construction activity. The indicator rose 3.9% month-over-month, up from a 1.2% gain recorded in September 2025, according to data updated on 18 February 2026.

The figures, measured on a month-over-month basis, compare the change in housing starts each month to the previous one. The latest reading suggests that builders ramped up new home construction more decisively in November than earlier in the autumn, potentially reflecting improved sentiment or firmer demand conditions in the housing market.

With November’s rise outpacing the earlier 1.2% increase, the data point to building activity gaining momentum as the end of 2025 approached. Market participants and policymakers will be watching upcoming releases to see whether this stronger pace of housing starts can be sustained in the face of broader economic and financial conditions.