Real Estate Articles

2020-08-19 Housing Starts & Permits Jump Up in July | By: Brad Beckett

Housing Starts & Permits Jump Up in July
 
BY BRAD BECKETT 
 
The U.S. government is reporting that privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,496,000, which is 22.6% higher than June’s revised number.  July’s rate for units in buildings with five units or more was 547k.  Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,495,000, which was 18.8% higher than June’s revised number.  Authorizations of units in buildings with five units or more were at a rate of 467k in June.
 
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