Armor In Housing Starts Reveals Crack
U.S. housing starts dropped significantly in May 2022, down 14.4% from April to a seasonally adjusted rate of 1.549 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Both single-family and multi-family starts took hits, with single-family declining 9.2% to a rate of 1.051 million, and multi-family dipping 26.8% to 469,000.
The downslides in May come after both single-family and multi-family had one of their best performances of the year in April.
U.S. housing building permits were at a seasonally adjusted rate of 1.695 million, down 7% from April, with single-family at 1.048 million, down 5.5%, and multi-family down 10% to 592,000.
U.S. privately-owned housing completions were at a rate of 1.465 million in May, which was 9.1% above April, led by multi-family’s 33.2% gain to 417,000, while single-family was 1.043 million, up 2.8% over April.
RELATED ARTICLES
Multi-Family Housing Continues Surge
Multi-Family Housing Takes Up Slack For March
U.S. Housing Starts Gain Momentum
New Year Brings In Housing Starts Dip
U.S. Housing Starts Complete Robust Year
Single-Family, Multi-Family Starts Flourished In November
Single-Family Housing Has Narrow Drop, Multi-Family Rises, Permits Looking Good
Housing Starts Show Modest Decline In September
Multi-Family Leads Way In U.S. Housing Jump
Housing Starts Dip, Permits Still Gain
Housing Starts Gain Steam, Though Permits Show Slight Decline
Housing Starts Increase In May, Far Ahead Of One Year Ago
Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. Housing Starts Hit A High Note
U.S. Housing Dips Again in February; Pandemic Started Hitting Home A Year Ago
Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good
Housing Starts Finish Year With A Bang
U.S. Housing Starts Continue Upward
U.S. Single-Family Starts Jump for Sixth Month In Row
Single-Family Housing Starts Rise Again
Latest News
California Rep. Kiley Introduces Bill to Incentivize New Biomass Facilities
Nevada’s Tahoe Forest Products Gets Major Upgrade A key part of the region’s forest health management, Tahoe Forest Products in Carson City, Nev. paused operations in late 2025, though this past June began a major…
Nevada’s Tahoe Forest Products Gets Major Upgrade
Nevada’s Tahoe Forest Products Gets Major Upgrade A key part of the region’s forest health management, Tahoe Forest Products in Carson City, Nev. paused operations in late 2025, though this past June began a major…
Trump Says Canada Should ‘Cough’ Up More Tariffs For The Bad Air
President Trump on July 17 condemned Canada, and specifically Ottawa, for improper forest management, leading to the recent increase in forest fires and to the encroachment of smoke and polluted air into the U.S. “We…
Rayonier Appoints Ryan Daniels Senior Vice President, Wood Products
Rayonier Inc. has announced the appointment of Ryan Daniels as Senior Vice President, Wood Products, effective immediately. Daniels has served as Interim Senior Vice President, Wood Products, since March 20, 2026. “Following the conclusion of…
Keith Introduces New RX Technology To Improve Walking Floor Trailers
Keith Manufacturing Co. has unveiled its new RX technology platform, the company’s first major redesign of its Walking Floor drive system in more than a decade. Developed to improve reliability, simplify maintenance, and increase unloading…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.