Housing starts 1215K vs. 1160K est.

  • US building permits for June were better than expected at 1254k vs 1201K. The prior month was revised higher to 1122K vs 1092K initially reported
  • The housing starts were also higher at 1215K vs 1160 est. The prior month came in at 1168K
  • Single family permits were higher by 4.1% to 811K
  • Multi family were up 13.9% to 443K
  • Single family starts up 6.3% to 849K
  • Multi family starts were up 13.3% to 366K

Not bad numbers for housing. The numbers remain nearer higher levels.