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Building permits increased 7.9 percent in May to a seasonally adjusted annual rate of 780,000, the U.S. Census Bureau and the Dept. of Housing and Urban Development announced Tuesday. On a year-over-year basis, building permits rose 25 percent above the May 2011 estimate of 624,000.

Single-family housing starts increased 3.2 percent in May to a rate of 516,000 compared with April’s figure of 500,000.

C.A.R.

Posted by Adam Andrus on June 21st, 2012 1:37 PMPost a Comment (0)

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