Housing Starts Up 9.1 Percent
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Housing Starts and Building Permits for June 2008 |
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DATE |
CURRENT |
LAST |
% Change |
Download Starts and Permits |
|
Starts |
7/17/2008 |
1.066M |
.gif) |
977Th |
+ 9.1% |
 |
|
Permits |
7/17/2008 |
1.091M |
|
978Th |
+ 11.6% |
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Housing starts rose 9.1 percent in June to a seasonally adjusted annual rate of 1.066 million while permits increased nearly 12 percent to a rate of 1.091 million. Both increases were fueled by large gains in multifamily output in the Northeast, the result of a change in New York City’s building code which prompted builders to starts construction on, and seek permits for condos and apartments a month earlier. Single-family starts and permits both contracted in June from the previous month.
Download data for Housing Starts & Permits.
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