The US Census Bureau and the Department of Housing and Urban Development jointly announced that privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,153,000. This is 1.5 percent (±1.3 percent) above the revised May rate of 1,136,000, but is 13.6 percent (±0.6 percent) below the June 2015 estimate of 1,334,000.
Single-family authorizations in June were at a rate of 738,000; this is 1.0 percent (±1.5 percent) above the revised May figure of 731,000. Authorizations of units in buildings with five units or more were at a rate of 384,000 in June.
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,189,000. This is 4.8 percent (±13.5 percent) above the revised May estimate of 1,135,000, but is 2.0 percent (±12.9 percent) below the June 2015 rate of 1,213,000.
Single-family housing starts in June were at a rate of 778,000; this is 4.4 percent (±15.8 percent) above the revised May figure of 745,000. The June rate for units in buildings with five units or more was 392,000.
Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,147,000. This is 12.3 percent (±10.7 percent) above the revised May estimate of 1,021,000 and is 18.7 percent (±14.9 percent) above the June 2015 rate of 966,000.
Single-family housing completions in June were at a rate of 752,000; this is 3.7 percent (±10.2 percent) above the revised May rate of 725,000. The June rate for units in buildings with five units or more was 386,000.