Housing Starts Surge 14.6% in June

The housing market in June enjoyed double-digit increases in housing starts month-to-month and year-to-year, according to the most recent data from the U.S. Census Bureau. Privately-owned housing starts in June were at a seasonally adjusted annual rate of 629,000,14.6 percent above the revised May estimate of 549,000 and 16.7 percent above the June 2010 rate of 539,000. Single-family housing starts in June were at a rate of 453,000; 9.4 percent above the revised May figure of 414,000. The

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