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Economic Brief

New York Story     Jul 17 2008 9:15AM EDT

Starts of new construction of homes surged 9.1 percent in June, but the gain was a result of a change in New York City building codes. Excluding the change, which resulted in a spike in building permits for apartment buildings, housing starts fell 4 percent in June. 

 

New York Story     Jul 17 2008 9:15AM EDT

Starts of new construction of homes surged 9.1 percent in June, but the gain was a result of a change in New York City building codes. Excluding the change, which resulted in a spike in building permits for apartment buildings, housing starts fell 4 percent in June. 

 


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