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Re: Zephyr post# 638944

Tuesday, 06/17/2014 8:58:07 AM

Tuesday, June 17, 2014 8:58:07 AM

Post# of 704570
Housing Starts
Released On 6/17/2014 8:30:00 AM For May, 2014
Prior Prior Revised Consensus Consensus Range Actual
Starts - Level - SAAR 1.072 M 1.071 M 1.036 M 0.995 M to 1.072 M 1.001 M
Permits - Level - SAAR 1.080 M 1.059 M 1.062 M 1.020 M to 1.102 M 0.991 M
Highlights
Housing took a step back in May. Starts fell a monthly 6.5 percent but followed a strong 12.7 percent spike in April. Single-family starts dropped 5.9 percent after a 4.6 percent rise. Multifamily starts declined 7.6 percent, following a 29.2 percent spike in April.

Building permits followed a similar pattern, suggesting some moderation in construction. Permits fell 6.4 percent after a 5.9 percent rise in April.

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