Housing starts rise 6.8% in May | June 28, 2013 | Pleasanton Weekly | PleasantonWeekly.com |


Pleasanton Weekly

Real Estate - June 28, 2013

Housing starts rise 6.8% in May

Outlook for housing continues to brighten as builders respond to increased demand

by Jeb Bing

Nationwide housing starts rose 6.8% to a seasonally adjusted annual rate of 914,000 units in May due primarily to increased production on the multifamily side, according to newly released data from HUD and the U.S. Census Bureau.

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