Housing Starts Down In July

Posted by Orb Staff on August 16, 2012 No Comments
Categories : Residential Mortgage

12211_homebuilder5 Housing Starts Down In July Single-family housing starts in July were at a rate of 502,000, which is 6.5% below the revised June figure of 537,000, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Privately owned housing starts in July were at a seasonally adjusted annual rate of 746,000. This is 1.1% below the revised June estimate of 754,000 but is 21.5% above the July 2011 rate of 614,000.

Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 812,000. This is 6.8% above the revised June rate of 760,000 and is 29.5% above the July 2011 estimate of 627,000. Single-family authorizations in July were at a rate of 513,000, which is 4.5% above the revised June figure of 491,000.

Privately owned housing completions in July were at a seasonally adjusted annual rate of 668,000. This is 7.1% above the revised June estimate of 624,000 and is 5.4% above the July 2011 rate of 634,000. Single-family housing completions in July were at a rate of 448,000; this is 5.9% below the revised June rate of 476,000.

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Housing Starts Down In July

Posted by Orb Staff on August 16, 2011 No Comments
Categories : Residential Mortgage

9437_homebuild2 Housing Starts Down In July Privately owned housing starts in July were at a seasonally adjusted annual rate of 604,000 – 1.5% below June's level but 9.8% above the July 2010 rate, according to data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Single-family housing starts in July were at a rate of 425,000, which is 4.9% below the June figure. Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 597,000 – 3.2% below the revised June rate but 3.8% above the July 2010 level.

Single-family authorizations in July were at a rate of 404,000 – 0.5% above the revised June figure. Privately-owned housing completions were 11.8% above June's level and 9.5% higher than the July 2010 rate. Single-family housing completions in July were at a rate of 470,000 – 6.1% above the revised June rate of 443,000.

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