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
C&D Lumber Announces Closure
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Officials with C&D Lumber in Riddle, Ore. recently announced the closure of the mill as of May 2, becoming the fourth sawmill in western Oregon to announce a closure since the…
Southern Cypress Manufacturers Assn. Elects 2024 Officers
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Members of the Southern Cypress Manufacturers Assn. (SCMA) elected officers for 2024 at the association’s Annual Meeting on March 25, in Charleston, South Carolina. Truss Beasley of Beasley Forest Products (BFP)…
Roseburg Names Tony Ramm Senior VP Of Manufacturing
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Roseburg is pleased to announce that Tony Ramm has accepted the role of Senior Vice President of Manufacturing, effective April 8, 2024. Ramm will drive an increased emphasis on the sustainable,…
Georgia Ports Continues Container Expansion
Georgia Ports Continues Container Expansion googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Georgia Ports Authority approved contracts totaling $65.6 million for container yard work at the Port of Savannah’s Ocean Terminal, a 200-acre facility just downriver from GPA’s…
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.