New Residential Construction for July 2015 The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2015

Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,119,000. This is 16.3 percent (±1.1%) below the revised June rate of 1,337,000, but is 7.5 percent (±1.4%) above the July 2014 estimate of 1,041,000

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