Single-Family Building Drives Rebound In US Housing Starts

US housing starts rebounded last month after suffering a bad hangover from spring's binge-building. At 1.452 million, July's annual pace of new construction managed to top estimates, albeit not by much. Consensus was 1.45 million. The 3.9% increase is measured from a lower base. June's annualized rate was revised down, making that month's plunge versus May's bonanza all the more "impressive," at nearly 12%. July's rate, as initially reported anyway, was the second briskest since September.

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today for as little as $7/month

View subscription options

Or try one month for FREE with a trial plan

Already have an account? log in

One thought on “Single-Family Building Drives Rebound In US Housing Starts”

Any way to get details? Single family takes in different housing. I am a buyer looking for 55 plus communities but those aren’t being built in my area. First time and move up buyers are others. Also, average prices would be interesting.