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Home starts fall 10 percent in June
Posted By Amanda Bayhi On July 17, 2013 @ 4:34 pm In Aggbeat Online,News | No Comments
Housing starts in the U.S. fell 9.9 percent in June, following a 6.8-percent rebound of home construction in May  and a 15-percent plummet in April , according to a report from our sister site, Equipment World .
Home starts fell in June to a seasonally adjusted rate of 836,000. That rate is the lowest since August 2012 but still 10.4 percent higher than June 2012.
Multi-family home construction dropped 27 percent in June, and single-family home construction slipped 0.8 percent to a rate of 591,000.
Home construction permits jumped 7.5 percent in June to a rate of 911,000–16.1 percent higher than a year ago. Additionally, single-family home construction permits rose to 624,000, which is the highest rate since May 2008.
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URL to article: http://www.aggman.com/home-starts-fall-10-percent-in-june/
URLs in this post:
 Image: http://www.aggman.com/files/2013/07/1358425746.jpg
 6.8-percent rebound of home construction in May: http://www.aggman.com/housing-starts-increase-6-8-percent-building-permits-drop-3-1-percent-in-may/
 15-percent plummet in April: http://www.aggman.com/april-housing-starts-drop-16-5-percent-building-permits-increase-14-3-percent/
 a report from our sister site, Equipment World: http://www.equipmentworld.com/home-starts-stumble-10-in-june-while-single-family-permits-hit-highest-rate-in-5-years/
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