Source: Census Bureau
The number of authorized private-owned houses in the US plunged at an annual rate of 5.1% in June from May to hit 1.598 million.
SPY is up +0.24% on premarket, DXY is up +0.27%.
- The building permits in June were 23.3% above the rate in the comparable month of 2020.
- June housing starts rose by 6.3% from May to an annual rate of 1.643 million and were 29.1% higher than the same month of 2020.
- Housing completions fell by 1.4% in June from May to reach an annual rate of 1.324 million. The house completions were 6.5% above the comparable month of 2020.