Wednesday, July 23, 2014

Housing starts in the United States in June down 9.3% to 893,000 units

The construction of new homes in the United States started during last June reached 893,000 units annualized, after falling 9.3% from a revised 985,000 in May, according to Commerce Department figures.

However, the American government reported that this figure is 7.5% higher than the same month in 2013, when the construction of 831 new homes started.

Meanwhile, the housing building permits granted in March fell 4.2% from the previous month to 963,000 annualized authorizations. However, exceeding the 2.7% figure a year ago.

Also, the annualized housing completed in the sixth month of the year reached 789,000 units, up 12% from the revised February figure, but 3.4% more than in the same month of 2013.

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