June Housing Data Shows 6.9% Increase

June Housing Data Shows 6.9% Increase

The U.S. Census Bureau said privately-owned housing starts in June were at a seasonally adjusted annual rate of 760,000, 6.9% above the revised May estimate of 711,000 and is 23.6% above the June 2011 rate of 615,000. Single-family housing starts in June were at a rate of 539,000, 4.7% above the revised May figure of 515,000. The June rate for units in buildings with five units or more was 213,000.

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