U.S. Housing Starts Gain In July

@AFP
U.S. Housing Starts Gain In July

WASHINGTON, District of Columbia (AFP) – New U.S. home building picked up speed in July but remained behind the pace of the first quarter of the year, the Commerce Department said Friday.

New housing starts grew to an annualized pace of 896,000 units, up from 846,000 in June and 20.9 percent over July 2012.

But starts remained shy of the pace of the January-March 2013 average of 957,000.

July’s gain came in multi-unit buildings, while single-family home building, the largest part of the market, slowed.

Gains were strongest in the northeast region while the new building in the south fell.

Photo Credit: AFP/Paul J. Richards

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

'I Think I'd Fall Asleep': Right-Wing Media Praise Trump Snoozing In Court

Former President Donald Trump

Former President Donald Trump

Donald Trump’s MAGA media propagandists are so deep in the tank for the former president that they’ve been praising him for repeatedly falling asleep during his New York City hush money trial.

Keep reading...Show less
Mitt Romney

Sen. Mitt Romney

Sen. Mitt Romney (R-UT) hasn't shied away from criticizing former President Donald Trump in the past. But on Tuesday he gave his frank and candid take on the allegations surrounding the ex-president's ongoing criminal trial.

Keep reading...Show less
{{ post.roar_specific_data.api_data.analytics }}