# US housing starts fell in July — retained record

> Retained news record from news:semafor.

Canonical: https://highsignal.app/data/records/c88f5a3db21321af

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source: [news](https://highsignal.app/data/news) (news:semafor)  published 2026-08-18 16:44 ingested 2026-08-19 06:46

[original source ↗](https://www.semafor.com/article/08/18/2026/us-housing-starts-fell-in-july)

## retained text



```
US single-family homebuilding nosedived in July, falling 16% year-over-year as higher mortgage rates kept the market frozen.
High mortgage rates and a dire supply shortage have sidelined potential buyers. While those would-be buyers stay put, many are now relying on buy now, pay later services to help them stay afloat: Affirm, the pay-later app, is providing cash-strapped tenants loans to help out with rent payments.
There are some signs of life in the industry. Home Depot posted a strong quarter, despite a slowdown in sales. But those numbers don’t exactly showcase consumer resilience. The earnings were buoyed by revenue from smaller projects — a paint job or a minor kitchen revamp. Customers “remain under pressure,” one Home Depot executive said Tuesday.
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document fetched 2026-08-19 06:46 · canonical https://semafor.com/article/08/18/2026/us-housing-starts-fell-in-july