WASHINGTON -- Housing starts rose 6.9% to a seasonally adjusted annual rate of 760,000 in June from a revised estimate of 711,000 in May, originally reported as  708,000, the Commerce Department reported Wednesday.

Building permits slipped 3.7% to a seasonally adjusted annual rate of 755,000 from the  revised May rate of 784,000, originally reported as 780,000.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.