The U.S. government is reporting that privately‐owned housing starts in June, 2024 were at a seasonally adjusted annual rate of 1,353,000, which is 3% higher than May’s revised number but is 4.4% lower than one year ago. June’s rate for units in buildings with five units or more was 360k. Privately‐owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,446,000, which is 3.4% higher than May’s revised number and 3.1% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 460k in June.
Click here to read the full report at the U.S. Census Bureau.
Discover more from Real Estate Investing Today
Subscribe to get the latest posts sent to your email.
