Housing starts occurred at a 1.19 million seasonally adjusted yearly rate in June, the Commerce Department stated Friday, representing a 17%increase from May. Permitting activity for newly-built houses increased 2.1%in between May and June to a seasonally changed yearly rate of 1.24 million.
Housing starts almost satisfied the agreement projection of financial experts polled by MarketWatch – they estimated new home building to occur at a 1.2 million-unit yearly rate. Structure allows fell a little short of economic experts’ agreement projection of 1.3 million.
source https://jobsearchtips.net/real-estate-begins-continue-to-rebound-from-coronavirus-fueled-lows/
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