Privately owned housing starts in July were at a seasonally adjusted annual rate of 1,211,000. This is 2.1 percent above the revised June estimate of 1,186,000, and 5.6 percent above the July 2015 rate of 1,147,000.
Single-family housing starts in July were at a rate of 770,000; this is 0.5 percent above the revised June figure of 766,000. The July rate for units in buildings with five units or more was 433,000.
Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,152,000. This is 0.1 percent below the revised June rate of 1,153,000, but is 0.9 percent above the July 2015 estimate of 1,142,000.
Single-family authorizations in July were at a rate of 711,000; this is 3.7 percent below the revised June figure of 738,000. Authorizations of units in buildings with five units or more were at a rate of 411,000 in July.
Privately owned housing completions in July were at a seasonally adjusted annual rate of 1,026,000. This is 8.3 percent below the revised June estimate of 1,119,000, but is 3.2 percent above the July 2015 rate of 994,000.
Single-family housing completions in July were at a rate of 734,000; this is 0.4 percent below the revised June rate of 746,000. The July rate for units in buildings with five units or more was 275,000.
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