The U.S. Census Bureau said privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,215,000, 8.3% above the revised May estimate of 1,122,000, and 2.1% above the June 2016 rate of 1,190,000. Single-family housing starts in June were at a rate of 849,000, 6.3% above the revised May figure of 799,000. The June rate for units in buildings with five units or more was 359,000.
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