U.S. single-family homebuilding fell in June, but permits for future construction rose to a 12-month high as a severe shortage of previously owned houses for sale supports new construction.

Housing starts rose to a 1.35 million annual pace from 1.31 million in May, the government said Wednesday. ... Single-family starts fell by 2.2% in June, while apartment starts rose by 22%.

Housing starts, the change in the number of new residential buildings that began construction, rose 3% from May to a seasonally adjusted annual rate of 1.35 million in June, according to a ...

Housing starts were up 3% to a seasonally adjusted annual rate of 1.35 million units in June from May's 1.31 million print, the Census Bureau and the Department of Housing and Urban Development said.

US housing starts surge most since 2016, exceed all estimates ... Single-family homebuilding rose 18.5% to an 11-month high. ... June 20, 2023 at 2:29 PM CDT.

--Housing starts, a measure of U.S. home building, rose 3.0% in June to a seasonally adjusted rate of 1.353 million. --Economists polled by The Wall Street Journal had expected starts to increase ...

US Single-Family Housing Starts Hit Eight ... or more soared 22.0% to a rate of 360,000 units in June. Overall housing starts advanced 3.0% to a rate of ... homebuilding backlog rose 0.7% to 140 ...

The US Dollar Index stays in negative territory below 104.00. Housing Starts in the US rose 3% in June to 1.35 million units, the monthly data published by the US Census Bureau revealed on Tuesday.

New US home construction picked up in June, though a decline in single-family housing starts to an eight-month low underscored a real estate market challenged by high interest rates. Total housing ...

Single-family housing units authorized by building permits also rose, by 2% to 949,000, compared with July’s revised figure of 930,000. Authorization of buildings with five units or more were at ...

The numbers: Construction of new U.S. homes rose 3% in June as builders scaled up new projects. Housing starts rose to a 1.35 million annual pace from 1.31 million in May, the government said ...