Housing Starts Increase in June

 

Total housing starts were at 629,000 in June, up 14.6 percent from the revised May rate of 549,000. Single-family starts increased 9.4 percent to 453,000 in June.
Courtesy of Calculated Risk

Privately-owned housing starts in June were at a seasonally adjusted annual rate of 629,000. This is 14.6 percent (±10 9 percent) above the revised May estimate of 549,000 and is 16.7 percent (±11.8 percent) above the June 2010 rate of 539,000.

Single-family housing starts in June were at a rate of 453,000; this is 9.4 percent (±11.1 percent)* above the revised May figure of 414,000. The June rate for units in buildings with five units or more was 170,000.

– Courtesy of Calculated Risk