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
Award Recipient Is No Stranger
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Article By Rich Donnell, Editor-in-Chief, Timber Processing February 2015 “We’re showing our age,” David Richbourg said to me when I told him I had passed along an article I had written…
Interfor Acquires Simpson Lumber Sawmills In U.S. Southeast, Pacific Northwest
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Interfor announced that it has reached agreement with Simpson Lumber Company, LLC to acquire Simpson’s sawmill operations in Meldrim, GA, Georgetown, SC, Longview, WA and Commencement Bay, WA. The Sawmill Operations…
Arizona’s Newpac Fibre Hoping For A Forest Industry Revival
Wood grinders hummed and blades whirred under the weak winter sun Thursday afternoon as 12 men hustled to transform dozens of ponderosa pine logs into boards, wood chips and sawdust at Newpac Fibre. The Williams-based…
California Redwood Company Sawmill To Close, 106 Employees Will Lose Jobs
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The California Redwood Company will close down its last remaining California sawmill in February 2015, putting over 100 people out of a job and ending the company’s half-century-long involvement in lumber…
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.