Building permits down, housing starts up
Posted By Marcia Gruver Doyle On July 18, 2012 @ 8:08 am In Construction Blog | No Comments
New federal residential construction stats [1]
[2]Housing starts on upswing
show building permits were 3.7 percent below the revised May rate, but 19.3 percent above the June 2011 estimate.
Housing starts increased by 6.9 percent above may, and were a whopping 23.6 percent above the June 2011 rate.
Article printed from Equipment World: http://www.equipmentworld.com
URL to article: http://www.equipmentworld.com/building-permits-down-housing-starts-up/
URLs in this post:
[1] federal residential construction stats: http://www.census.gov/construction/nrc/pdf/newresconst.pdf
[2] Image: http://www.equipmentworld.com/files/2012/07/housing.jpg
Click here to print.