Keeping you up to date on the latest data releases.
- Housing Starts
Housing starts of single-family homes fell 0.8 percent from May to June to a seasonally-adjusted annualized rate of 591,000 units. This represents an 11.5 percent increase over the past 12 months and the lowest level of housing starts since September 2012. However, in the first half of this year housing starts have averaged an annualized rate of about 612,000 units each month. Regionally, housing starts ranged from a 4.0 percent increase in the West to a 3.9 percent decline in the South on a monthly basis. On an annual basis, housing starts were flat in the Northeast and increased 15.2 percent in the South. The issuance of building permits rose 0.6 percent from May to June and 24.6 percent since June 2012.