The following is the unedited transcript of the news release from the U.S. Census Bureau of the Department of Commerce.


BUILDING PERMITS

Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,091,000. This is 11.6 percent (±1.2%) above the revised May rate of 978,000, but is 23.9 percent (±1.3%) below the revised June 2007 estimate of 1,433,000.

Single-family authorizations in June were at a rate of 613,000; this is 3.5 percent (±1.4%) below the May figure of 635,000. Authorizations of units in buildings with five units or more were at a rate of 446,000 in June.

HOUSING STARTS

Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,066,000. This is 9.1 percent (±10.3%)* above the revised May estimate of 977,000, but is 26.9 percent (±5.9%) below the revised June 2007 rate of 1,458,000. Single-family housing starts in June were at a rate of 647,000; this is 5.3 percent (±9.6%)* below the May figure of 683,000. The June rate for units in buildings with five units or more was 400,000.

HOUSING COMPLETIONS

Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,167,000. This is 1.2 percent (±11.9%) above the revised May estimate of 1,153,000, but is 21.7 percent (±8.0%) below the revised June 2007 rate of 1,491,000. Single-family housing completions in June were at a rate of 859,000; this is 2.9 percent (±10.9%)* below the May figure of 885,000. The June rate for units in buildings with five units or more was 289,000.


Available at:

http://www.census.gov/const/newresconst.pdf