Housing starts gain steam as builders ramp up construction despite pandemic

New home construction activity increased 17% between May and June The numbers: Housing starts occurred at a 1.19 million seasonally adjusted annual rate in June, the Commerce Department said Friday, representing a 17% increase from May. Permitting activity for newly-built homes rose 2.1% between May and June to a seasonally adjusted annual rate of 1.24 million. […]

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