Housing starts jump as construction, home buying get back on track

• July 19, 2017
• realestatelife
• Business & Markets, Politics & Economy, Real Estate Finance

Housing starts were at a 1.22 million seasonally adjusted annual rate, the Commerce Department said Wednesday, 8.3% higher than in May and 2.1% higher for the year. The MarketWatch consensus of economists was for a 1.16 million annual pace.