Single family housing permits, the most leading of indicators, increased 0.9% from May to 687K single family units (SAAR), and rose 6.0% above the level seen a year earlier but still remained well below levels seen at the peak in September 2005.
Single family housing starts declined 0.9% from May to 685K single family units (SAAR) but still remained 14.7% above the level seen a year earlier.
