“U.S. home construction jumps 17.3% in June”
July 17, 2020
“Construction of U.S. homes jumped 17.3% in June as some states reopened…
The Commerce Department reported Friday that new homes were started at a seasonally adjusted annual rate of 1,186,000 in June after a modest recovery in May followed steep declines in April and March. Even after a second straight month of increases, construction activity remains 4% below last year’s pace.
Applications for building permits, a good indication of future activity, rose 2.1% to 1.24 million units…”
https://www.cnbc.com/2020/07/17/housing-starts-june-2020.html