Housing Starts Dip, Permits Still Gain
Following two months of uptick, U.S. housing starts declined 7% in July from June 2021, showing a seasonally adjusted rate of 1.534 million, which was 2.5% above July 2020, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts were at an annual rate of 1.11 million, down 4.5% from June, but up 11.7% over a year ago. Multi-family (five units or more) came in at 412,000, down 13.6% from the previous month and down 16.3% from a year ago.
Housing building permits were at a seasonally adjusted rate of 1.635 million in July, 2.6% above the previous month, and 6% over a year ago. Single-family permits came in at 1.048 million, down 1.7% from June and up 5.5% from the same period last year. Multi-family reached 532,000 in July, up 11.1% over the previous month and ahead of last year by 6.4%.
RELATED ARTICLES
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
Single-Family Housing Starts Go Up
U.S. Housing Starts Show Big Increase
Latest News
Timber Processing & Energy Expo 2020
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Organizers of the Timber Processing & Energy Expo, scheduled for September 30 to October 2, 2020 at the Portland Expo Center in Portland, Ore., report brisk sales of exhibit space, with…
Canfor Heads For Private Status
Canfor Corp. announced that based on the recommendation of an independent committee of Canfor’s board of directors (the “Special Committee”), it has entered into an “arrangement agreement” with Great Pacific Capital Corp. and affiliate Great…
Georgia-Pacific Completes Warrenton Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Georgia-Pacific celebrated the official opening of its newest lumber facility with an onsite dedication in Warren County, Georgia. The $135 million, 340,000 square-foot plant is located on the same site as…
99 Years And Counting
Article by David Abbott, Senior Associate Editor, Timber Processing November 2019 “Gee, ain’t it funny how time slips away,” Willie Nelson sings in what is probably one of the great American songwriter’s less well remembered…
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.