May: Housing Permit Experience Early Summer SlowdownMay’s numbers signaled that construction momentum was cooling. Single-family permits dropped more sharply than multifamily approvals, continuing a pattern seen earlier in the year. Multifamily Permits VaryJune data from the National Association of Home Builders and the Census Bureau showed single-family permits slipping about 7% compared with June 2024. July: Housing Permits Start to Level OffThe July release from the Census pointed to a small lift in single-family permits versus June, though totals were still lower than a year earlier. Little Rock, Arkansas, has more than doubled single-family permits compared with last year.