• U.S. Housing Starts and Building Permits – July 2012

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Building Permits: Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 812,000. This is 6.8 percent (±1.5%) above the revised June rate of 760,000 and is 29.5 percent (±1.6%) above the July 2011 estimate of 627,000. Single-family authorizations in July were at a rate of 513,000; this is 4.5 percent (±0.8%) above the revised June figure of 491,000. Authorizations of units in buildings with five units or more were at a rate of 274,000 in July. Housing Starts: Privately-owned housing starts in July were at a seasonally adjusted annual rate of 746,000. This is 1.1 percent (±9.6%) below the revised June estimate of 754,000, but is 21.5 percent (±14.2%) above the July 2011 rate of 614,000. Single-family housing starts in July were at a rate of 502,000; this is 6.5 percent (±8.7%) below the revised June figure of 537,000. The July rate for units in buildings with five units or more was 229,000. SOURCE: USDOC