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Update Economic USA Housing
Building permits continued to climb moving up by 7.4% in the month of June representing a 5.1% increase over last year. The number of permits reached 1.254 million. Housing starts also continued to climb by 8.3% in the month of June improving 2.1% over last year. The final step in a permit and start is a completed home which reached 1.203 million. This is an increase of 5.2% in the month of June and a 8.1% increase over the previous year.