The 2020 Mid-Year Economic Update_long

Housing Starts Fall in June

Housing Starts
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,850,000. This is 5.3% below the revised May estimate, and is 11.0% below the June 2005 rate.


Single-family housing starts in June were at a rate of 1,486,000; this is 6.5% below the May figure of 1,590,000. The June rate for units in buildings with five units or more was 306,000.


Building Permits
Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,862,000. This is 4.3% below the revised May rate, and 14.9% below the June 2005 estimate.


Single-family authorizations in June were at a rate of 1,395,000; this is 6.3% below the May figure of 1,488,000. Authorizations of units in buildings with five units or more were at a rate of 397,000 in June.


Housing Completions
Privately-owned housing completions in June were at a seasonally adjusted annual rate of 2,017,000. This is 6.4% above the revised May estimate, and 2.0% above the June 2005 rate.


Single-family housing completions were at a rate of 1,738,000; this is 7.5% above the May figure. The June rate for units in buildings with five units or more was 255,000.


More details here.
More economic indicators updated monthly at MDM’s Databank.

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