The US Census Bureau and the Department of Housing and Urban Development jointly announced Friday that privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,343,000. This is 7.4 percent (±1.2 percent) above the revised May rate of 1,250,000 and is 30.0 percent (±2.3 percent) above the June 2014 estimate of 1,033,000. Single-family authorizations in June were at a rate of 687,000; this is 0.9 percent (±1.1 percent) above the revised May figure of 681,000. Authorizations of units in buildings with five units or more were at a rate of 621,000 in June.
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,174,000. This is 9.8 percent (±19.9 percent) above the revised May estimate of 1,069,000 and is 26.6 percent (±19.6 percent) above the June 2014 rate of 927,000. Single-family housing starts in June were at a rate of 685,000; this is 0.9 percent (±11.5 percent) below the revised May figure of 691,000. The June rate for units in buildings with five units or more was 476,000.
Privately-owned housing completions in June were at a seasonally adjusted annual rate of 972,000. This is 6.7 percent (±11.8 percent) below the revised May estimate of 1,042,000, but is 22.0 percent (±14.8 percent) above the June 2014 rate of 797,000. Single-family housing completions in June were at a rate of 647,000; this is 0.3 percent (±9.3 percent) below the revised May rate of 649,000. The June rate for units in buildings with five units or more was 317,000.