ECONODAY: The housing sector may be on a low trajectory but it is climbing. Starts rose 4.8 percent in June to a 1.189 million annualized rate with permits up 1.5 percent to a 1.153 rate. For single-family homes, starts rose 4.4 percent with permits up 1.0 percent, the latter gain however doing little more than keeping the trend for this reading flat. Multi-family homes, a much smaller group that had been soft earlier in the year, are also showing life, with starts up 5.4 percent and permits putting in a second straight strong showing, up 2.5 percent following May's 4.1 percent jump...
