U.S. Residential Construction Spending Rises 0.8% in April as Remodeling Jumps 7.5%
Updated
Updated · Eye on Housing · Jun 1
U.S. Residential Construction Spending Rises 0.8% in April as Remodeling Jumps 7.5%
3 articles · Updated · Eye on Housing · Jun 1
Summary
Private residential construction spending rose 0.8% in April after a 0.6% March gain, leaving total outlays 1.7% above a year earlier.
Single-family spending climbed 1.4% and home-improvement spending added 0.4%, the two categories that drove the monthly increase.
Remodeling remained the strongest segment on an annual basis, up 7.5% from April 2025, while single-family spending was still down 2.9% year over year.
Multifamily spending slipped 0.3%—its first monthly decline after two modest gains—though it remained 1.1% higher than a year earlier.
The data point to a housing market where renovation demand and aging homes support spending, even as high interest rates and tariff uncertainty restrain new construction.