Single-family housing starts jumped 5.3% in June as the pace of construction reached the highest level in five months.The U.S. Census Bureau reported that single-family starts increased from a seasonally adjusted annual rate of 1.39 million in May to 1.46 million in June. Single-family permits also rose 5.3%, and the pace of construction last month was 7.6% higher than in June 2002. The government also reported that multifamily starts fell 4.3% to 312,000 in June, and MF permits fell 12.7% to 323,000.
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