December 6, 2022

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US June housing starts 1.643m vs 1.590m expected

1 min read

US housing starts data for June 2021:

US June housing starts
  • Prior was 1.572m
  • Building permits 1.598m vs 1.70m exp
  • Prior permits 1.683m
  • Single family permits -6.3%
  • Multifamily permits -2.6%
  • Single family starts +6.3%
  • Multifamily starts +6.2%
  • Full report

Permits are surprisingly low, down 5.1% but up 23.3% above last year. That’s going to have to pick up to put a lid on prices.

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