Housing Starts in U.S. Increased More Than Forecast in June

Updated on
  • Gain led by strongest starts in West since July 2007
  • Smaller rise in permits signals little scope for more gains

U.S. June Housing Stars Surprise With 4.8% Gain

New-home construction in the U.S. rose more than forecast in June, providing some momentum for residential real estate near the end of its busy selling season.

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