Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1.093 million. This is 15.7% above the revised June estimate of 945k, and is 21.7% above the July 2013 rate of 898k.
Single-family starts increased to an annual rate of 656k from 606k and multi-unit starts increased to 437k from 339k.
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 893k million, the U.S. Census Bureau reports. This is 9.3% below the revised May estimate of 985k million, but is 7.5% above the June 2013 rate of 831k.
Single-family starts were decreased in June to an annual rate of 575k from 632k,, and multi-unit starts decreased to 318k from 353k.