US housing starts data for June 2021:
- Prior was 1.572m
- Building permits 1.598m vs 1.70m exp
- Prior permits 1.683m
- Single family permits -6.3%
- Multifamily permits -2.6%
- Single family starts +6.3%
- Multifamily starts +6.2%
- Full report
Permits are surprisingly low, down 5.1% but up 23.3% above last year. That's going to have to pick up to put a lid on prices.
