Led by the Northeast, building permits and completed construction fell on a month-over-month basis. A year-over-year gain was reported, though.
In municipalities that issue building permits, there were 95,800 permits issued for privately owned U.S. housing units during the entire month of July.
Activity tumbled compared to the one month previous, when an upwardly revised 114,400 housing units had building permits that were authorized.
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From:: Financing