Privately owned housing starts in July were at a seasonally adjusted annual rate of 1,223,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 4.1 percent below the revised June estimate and 4.1 percent above the July 2016 rate.
Single-family housing starts in July were at a rate of 811,000, unchanged from the revised June figure. The July rate for units in buildings with five units or more was 377,000.
Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,155,000. This is 4.8 percent below the revised June rate and 5.6 percent below the July 2016 rate. Single-family authorizations in July were at a rate of 856,000, 0.5 percent below the revised June figure. The July rate for units in buildings with five units or more was 287,000.
Privately owned housing completions in June were at a seasonally adjusted annual rate of 1,175,000. This is 6.2 percent below the revised June estimate and 8.2 percent above the July 2016 rate of 1,086,000. Single-family housing completions in July were at a rate of 814,000, 1.6 percent below the revised June rate. The July rate for units in buildings with five units or more was 354,000.
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