CNN: Census Bureau Reports New Home Starts Up
As reported in a story on CNN, the U.S. Census Bureau reported that housing starts rose to an annualized rate of 699,000 in January, up 1.5 percent from December and up 10 percent compared to a year ago.
New home construction up 14 percent
New home construction ticked higher in June, the government said Tuesday, as two key measures topped expectations.
Housing starts, the number of new homes being built, rose 14.6% in June to an annual rate of 629,000 units, up from a revised 549,000 in May, the Commerce Department said.