Privately owned housing starts in June were at a seasonally adjusted annual rate of 629,000.
This is 14.6 percent (±10.9%) above the revised May estimate of 549,000 and is 16.7 percent (±11.8%) above the June 2010 rate of 539,000.
Single-family housing starts in June were at a rate of 453,000; this is 9.4 percent (±11.1%)* above the revised May figure of 414,000.
The June rate for units in buildings with five units or more was 170,000.
Source(s): U.S. Department of Commerce: Census Bureau
Release: New Residential Construction
Units: Thousands of Units
Frequency: Monthly
Seasonal
Adjustment: Seasonally Adjusted Annual Rate
Original content Bob DeMarco, Look Beyond the Obvious
