Jul 17
Due to a change in the housing code of New York City,
U.S. housing starts came in above expectations at 1066k in June, a month-
over-month rise of 9.1%, according to data released from the U.S.
Department of Commerce on Tuesday morning. The consensus was looking for
a decline to a level of 960k.
The previous month’s 975k was revised to a level of 977k.
“New York City enacted a new set of construction codes effective for
permits authorized as of…