U.S. housing starts, permits remain strong

U.S. housing starts in June were estimated at a seasonally adjusted annual rate of 1.643 million units, according to the U.S. Census Bureau and the Department of Housing and Urban Development. That was 6.3 percent above the revised May estimate and 29.1 percent above the June 2020 rate. Single-family starts were up 6.3 percent from May to 1.16 million.

The SAAR of units authorized by building permits was 1.598 million, down 5.1 percent from May but still 23.3 percent higher than the previous June.