mishtalk.com / Mike “Mish” Shedlock / July 19, 2017 8:44:07
Housing starts and permits both rose in June for the first time in four months according to the Census Bureau’s New Residential Construction Report.
Starts rose 8.3%, with single family units up 6.%. Permits rose 7.4%, with single family permits up 4.1%.
The quarter ends on a positive note but the overall pace is lower than in the first quarter.
The post Housing Starts and Permits Rise First Time in Four Months: Analyzing the 2nd Quarter GDP Effect appeared first on Silver For The People.
