Privately-owned housing starts in June were at a seasonally adjusted annual rate of 629,000. This is 14.6 percent (±10 9%) above the revised May estimate of 549,000 and is 16.7 percent (±11.8%) above the June 2010 rate of 539,000.
Single-family housing starts in June were at a rate of 453,000; this is 9.4 percent (±11.1%)* above the revised May figure of 414,000. The June rate for units in buildings with five units or more was 170,000.
This shows the huge collapse following the housing bubble, and that housing starts have mostly been moving sideways for over two years – with slight ups and downs due to the home buyer tax credit.
This was above expectations of 575 thousand starts in June. Multi-family starts are increasing in 2011 – although from a very low level. This is one of the bright spots for construction and the economy this year.
You might think it’s the worst possible time to ask for a raise. But that’s not necessarily true…
What do you think? Is now a good time to ask for a raise? We’d love to know what you think of the tips in this video. Use the comment link below to sound off… and don’t worry, your email address will never be published here, nor will it ever be shared with any third parties.
Long term care is not something many of us think about or plan for before it’s too late. It’s never too soon to start planning and preparing for long term care. This special Kiplinger report covers planning for long term care…
We’ll have more in this series of “Long Term Care” in a later report on this website. Watch for it!
If there’s a marriage in your future, you might have considered protecting your money with a pre-nuptial agreement. But mixing money and marriage can be tricky.
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