june housing starts: Single Family Housing Starts Surge - 07/18/09 01:43 AM
According to the Census Bureau, housing starts rose 3.6% in June from last month to a seasonally adjusted annual rate of 582,000, this is the highest pace since November of 2008. 
Interestingly it was only in April, two months ago that housing starts had made a record low.
The story within the report however is that demand for single family housing starts rose 14.4% from last month to a seasonally adjusted annual rate of 470,000, this is the highest pace since October of 2008.
The macro-perspective of this data is that overall, housing starts are still down -46% from last year and single family … (0 comments)

 
Mark MacKenzie

Mark MacKenzie

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