Housing Starts Continue Negative Pattern
U.S. housing starts dropped 4.2% in October from September to a seasonally adjusted annual rate of 1.425 million, including a drop in single-family starts of 6.1% to 855,000, and a modest decline of 0.5% in multi-family starts to 556,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
It marked the second consecutive month of decline, and for the first time this year that single-family starts dropped below an adjusted annual rate of 900,000.
Building permits declined 2.4% to 1.526 million, including a 3.6% drop in single-family permits to a rate of 839,000, while multi-family declined nearly 2% to 633,000.
Housing completions in October came in at 1.339 million, 6.4% down, with single-family at 961,000, declining 8.3%.
RELATED ARTICLES
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S Housing Starts Break Negative Pattern: Both Single-Family, Multi-Family Increase
U.S. Housing Starts Take Another Dip, Single-Family Declines For Fifth Straight Month
U.S. Single-Family Housing Starts Dip, But Multi-Family Shows Strength
Armor In Housing Starts Reveals Crack
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
Alden Robbins Dies From Fire-Explosion
Alden Robbins Dies From Fire-Explosion The Robbins family of Robbins Lumber in Searsmont, Me. reported that co-owner and vice-president sales, Alden J. Robbins, died on July 2 from injuries sustained during the fire-explosion at the Robbins Lumber sawmill site on May...
Union Pacific Signs Contract For Domestic Rails
Union Pacific Signs Contract For Domestic Rails Union Pacific Railroad and Rocky Mountain Steel Mills have reached a new, seven-year contract for the domestic production of steel rails, underscoring Union Pacific’s clear commitment to buying the majority of its rail...
Fulghum Completes First 155-Ft., 45-Ton Crane Installation
Fulghum Completes First 155-Ft., 45-Ton Crane Installation Fulghum Industries has completed installation and certification of a 155-ft., 45-ton log crane at Burt Lumber in Washington, Ga., marking the first crane of that size built by the company. Certified on April...
Survey Says: U.S. Softwood Lumber Producers Temper Outlook for 2026-27
Survey Says: U.S. Softwood Lumber Producers Temper Outlook for 2026-27U.S. softwood lumber producers are entering 2026-27 with a slightly less optimistic outlook than they held a year ago, according to Timber Processing's 2026 Annual U.S. Sawmill Operations &...
Western Wood Preservers Names Ryan Pessah Executive Director
Western Wood Preservers Names Ryan Pessah Executive DirectorThe Western Wood Preserves Institute (WWPI) Board of Directors have selected Ryan Pessah as Executive Director following a nationwide search. Pessah has served as the Institute’s Government Relations...
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.