Privately owned housing starts in June were at a seasonally adjusted annual rate of 1,215,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 8.3 percent above the revised May estimate and 2.1 percent above the June 2016 rate.
Single-family housing starts in June were at a rate of 849,000, 6.3 percent above the revised May figure. The June rate for units in buildings with five units or more was 359,000.
Privately owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,254,000. This is 7.4 percent above the revised May rate and 5.1 percent above the June 2016 rate. Single-family authorizations in June were at a rate of 811,000, 4.1 percent above the revised May figure. Authorizations of units in buildings with five units or more were at a rate of 409,000 in June.
Privately owned housing completions in June were at a seasonally adjusted annual rate of 1,203,000. This is 5.2 percent above the revised May estimate and 8.1 percent above the June 2016 rate of 1,113,000. Single-family housing completions in June were at a rate of 798,000, 0.4 percent above the revised May rate. The June rate for units in buildings with five units or more was 396,000.
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