June Housing Starts Sink; Permits Plunge Too

Hume, Lynn
July 2006
Bond Buyer;7/20/2006, Vol. 357 Issue 32427, p6
Trade Publication
The article provides information on the housing industry in the U.S. as of June 2006. According to reports, construction of new homes fell 5.3 percent to a seasonally adjusted annual rate of 1.850 million in June. Private housing permits issued decreased 4.3 percent to an annual rate of 1.862 million. The June private housing was 11 percent below the 2005 rate of 2.078 million.


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