Home building in the US has dropped in June following
the big surge we told you about in May.
It dropped 8% in June from May and housing starts
, which is a measure for new construction has dropped
to an annual rate of 1.43 million, which is
below economists' expectations of 1.48 million. This is all
according to the Census Bureau, single family starts which
makes up most of the buildings dropped 7% in June --> .