Header: Header: Header:

Housing Starts Decline, But Still Steady

U.S. housing starts were down 8% in June from May to a seasonally adjusted rate of 1.434 million. May’s 1.6 million rated starts had surprised everybody, increasing 20% over April. June single-family starts were at a rate of 935,000, 7% below May, while multi-family starts were 482,000, down 11.6% from May.

Building permits were at a rate of 1.440 million in June, down 3.7%, with single-family permits at 922,000, up 2.2% over May, and multi-family at 467,000, down 13.5%.

Housing completions were at a rate of 1.468 million, 3.3% below May, with single-family completions at 986,000, 2.8% below May, and multi-family at 476,000, down 2.5%.

June housing starts still represented the second highest monthly figure of 2023.

Latest News

Zip-O-Log Mills Celebrates 80 Years

Zip-O-Log Mills Celebrates 80 Years Zip-O-Log Mills, Inc., a cornerstone of the Pacific Northwest lumber industry, proudly announces its 80th anniversary. This significant milestone celebrates four generations of dedication to quality, innovation, and exceptional...

Portland Show Will Honor Andy Pollard

Portland Show Will Honor Andy Pollard Timber Processing & Energy Expo (TP&EE) will officially present the Timber Processing 2024 Person of the Year Award to Andy Pollard of Pollard Lumber on Wednesday afternoon, September 25, which is the first day of the...

Find Us On Social


The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.



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.


Complete the online form so we can direct you to the appropriate Sales Representative.