US housing starts grow more than expected in June

Source: WBP Online
© Reuters
On a month-on-month seasonally-adjusted basis, US housing starts rose 4.8% to 1.189 million in June, compared to analysts' expectations of an increase to 1.1150 million. In addition, building permits grew 1.5% to 1.153 million in the same period, whereas market analysts anticipated a rise to 1.165 million, the US Census Bureau said on Tuesday.


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