U.S. Commerce Department: Northeast housing starts rise more than 80 percent in June
Privately-owned housing starts in June rose an impressive 83.7 percent in the Northeast to 158,000, according to data released by the U.S. Commerce Department. May’s total was 86,000.
Nationally, housing starts were at a seasonally adjusted annual rate of 1,215,000, an 8.3-percent increase from the revised May total of 1,122,000.
Building permits for the Northeast fell in June, dropping 13.9 percent to 105,000, while nationally, building permits rose 7.4 percent to 1,254,000.