Tag Archive for ‘starts’

Housing Construction Holds Steady in July

Total housing starts declined 1.5% but the number conceals opposite moves in the single-family and multifamily sectors. Multifamily construction (buildings with two or more units) continued its advance, increasing 7.8% to a seasonally-adjusted annual rate of 170,000. Single-family starts declined 4.9% but from an elevated June figure. July single-family starts were even with the second quarter average and July single-family… Read More ›