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June Housing Starts Slip -12.3% Over Concerns with Impact of Tariffs on Supplies

Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,173,000, -12.3% below the revised May estimate of 1,337,000 and -4.2% below the June 2017 rate of 1,225,000. Single-family housing starts in June were at a rate of 858,000; -9.1% below the revised May figure of 944,000.

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