Home construction surpasses January numbers - WMC Action News 5 - Memphis, Tennessee

Home construction surpasses January numbers

(CNN) - New home construction shot up last month, according to data released Tuesday by the government.

The Commerce Department said the number of new homes being built increased nearly 15 percent in June.

The number, which is much higher than analysts had predicted, is the biggest boost seen since January.

Building permits also increased last month by more than two percent.

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