Business
Business

New housing starts up

By Christopher Quinn
June 19, 2012

Housing starts for single family homes nationwide increased 3.2 percent in May, the Mortgage Bankers Association reported Tuesday.

Multi-family starts, which had surged in recently, were down from 236,000 units in April to 179,000 in May.

The number of new building permits issued, a strong indicator of future construction, were up 4 percent for single family homes in May.

--Christopher Quinn

About the Author

Christopher Quinn is a writer and editor who has worked for The Atlanta Journal-Constitution since 1999. He writes stories on Veterans Affairs, business including high-tech growth in metro Atlanta, Georgia's $72 billion farm economy, and he oversees assigning and editing news obituaries.

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