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Monthly New Residential Construction, July 2019
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2019: table Building Permits Privately‐owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,336,000. This is 8.4 percent (±1.1 percent) above the revised June rate of 1,232,000 and is 1.5 percent (±1.4 percent) above the July 2018 rate of 1,316,000. Single‐family authorizations in July were at a rate of 838,000; this is 1.8 percent (±1.4 percent) above the revised June figure of 823,000. ... (full story)