U.S. housing starts down 12.4% in July

U.S. housing starts in July fell approximately 12.4% from the previous month to a seasonally adjusted annual rate of 1.239 million units. The figure was a preliminary estimate released by the U.S. Department of Commerce.

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The story

On 18 August, the U.S. Department of Commerce released its preliminary estimate of housing starts in July. The figure was down 12.4% from the previous month.

Housing starts totaled 1.239 million units at an annualized rate, on a seasonally adjusted basis.

The information was reported by Kyodo News.

At a glance

PeriodJuly housing starts (preliminary)

Scale1.239 million units at an annualized rate

ChangeDown 12.4% month on month

SourceAnnouncement by the U.S. Department of Commerce

RegionsUnited States

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