Friday, July 17, 2015

Comments on June Housing Starts

Total housing starts in June were above expectations, and, including the upward revisions to April and May, starts were strong. There was also a significant increase for permits again in June (mostly for the volatile multi-family sector). Earlier: Housing Starts increased to 1.174 Million Annual Rate in June This first graph shows the month to month comparison between 2014 (blue) and 2015 (red). Click on graph for larger image. Even with weak housing starts in February and March, total starts are still running 10.9% ahead of 2014 through June. Single family starts are running 9.1% ahead of......(read more)
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