US housing starts jump 17.3% in June: government
AFP
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US home construction surged 17.3 percent in June, the Commerce Department said Friday, as the sector continued to gain ground following the disruption caused by the coronavirus pandemic.

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In this file photo taken on January 31, 2019, an aerial view of homes under construction at a housing development in Petaluma, California. US home construction surged 17.3 percent in June, the Commerce Department said on July 17, 2020. (Photo: AFP)

The rebound in housing starts compared to May, came as the Northeast -- home to the worst initial outbreak of COIVD-19 -- saw a 114.3 percent spike compared to May, with the Midwest and South also seeing growth.

But home construction initiated is down 4.0 percent from June 2019, according to the monthly data report.