Single-Family Construction Accelerates in May

https://www.realtor.com/news/real-estate-news/u-s-housing-starts-surge-as-builders-rev-up-single-family-home-construction-in-may-while-a-housing-shortage-drags-on/
Single-family construction rose 21.7% in May, as demand for new-construction increased amid a drop in existing homes coming onto the market. Total housing starts rose to a 1.63 million annual pace last month from 1.34 million in April, even though economists were expecting a slight decline of about 0.8%. The May pace of construction was