Building permits for privately owned housing units rose 2.1 percent in June to a seasonally adjusted annual rate of 586,000 units, the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development (HUD) announced Tuesday. On a year-over-year basis, building permits for privately owned housing units declined 2.8 percent. Housing starts for single-family homes declined 0.7 percent in June to a rate of 454,000 units from 457,000 units in May.
Source: U.S. Census Bureau and U.S. Dept. of Housing and Urban Development
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