Dawn Rivera's Fremont & East Bay Real Estate Blog » new home builders http://dawnrivera4homes.com Realty World - Viking Realty Fri, 20 Apr 2012 18:03:52 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 New Home Starts up for Second Straight Month http://dawnrivera4homes.com/2009/07/21/new-home-starts-up-for-second-straight-month/ http://dawnrivera4homes.com/2009/07/21/new-home-starts-up-for-second-straight-month/#comments Tue, 21 Jul 2009 21:12:00 +0000 Dawn Rivera http://dawnrivera4homes.com/?p=155 Positive News: U.S. Housing Starts up Second Straight Month in June

(Market Watch)-New construction of U.S. houses expanded for the second straight month in June after hitting a record low in April, the Commerce Department estimated Friday.

Starts rose 3.6% in June to a seasonally adjusted 582,000 annualized units stronger than the 531,000 pace expected by economists surveyed by Market Watch. This is the highest level of starts since last November.

Starts of new single-family homes rose by 14.4% to 470,000 in June, while starts of large apartment units fell 29.4% to 101,000. Building permits, a leading indicator of housing construction, rose 8.7% to a seasonally adjusted annual rate of 563,000. This is the highest level of permits since December.

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