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- US: housing starts and building permits rose significantly
US: housing starts and building permits rose significantly
Building Permits
Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,153,000. This is 1.5 percent (±1.3%) above the revised May rate of 1,136,000, but is 13.6 percent (±0.6%) below the June 2015 estimate of 1,334,000. Single-family authorizations in June were at a rate of 738,000; this is 1.0 percent (±1.5%)* above the revised May figure of 731,000. Authorizations of units in buildings with five units or more were at a rate of 384,000 in June.
Housing Starts
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,189,000. This is 4.8 percent (±13.5%)* above the revised May estimate of 1,135,000, but is 2.0 percent (±12.9%)* below the June 2015 rate of 1,213,000. Single-family housing starts in June were at a rate of 778,000; this is 4.4 percent (±15.8%)* above the revised May figure of 745,000. The June rate for units in buildings with five units or more was 392,000.
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