Tuesday, August 18, 2020

Housing Starts increased to 1.496 Million Annual Rate in July

From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,496,000 . This is 22.6 percent above the revised June estimate of 1,220,000 and is 23.4 percent above the July 2019 rate of 1,212,000. Single-family housing starts in July were at a rate of 940,000; this is 8.2 percent above the revised June figure of 869,000. The July rate for units in buildings with five units or more was 547,000. Building Permits: Privately-owned housing units authorized by building permits in July were at a......(read more)
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