Housing Starts Gain Steam, Though Permits Show Slight Decline
U.S. housing starts experienced another month of growth in June 2021, reaching a seasonally adjusted rate of 1.643 million, a 6.3% increase over May and 29.1% above June 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 a rate of 1.16 million, a 6.3% increase over May and 28.5% above June 2020. Multi-family rate in June was 474,000, a 6.8% increase over May and 30.6% above June 2020.
June 2020 represented the beginning of housing starts picking up momentum and coming out of the pandemic.
Housing building permits were at a seasonally adjusted rate of 1.598 million in June, down 5.1% from May and 23.3% above June 2020. Single-family permits were 1.063 million, 6.3% below May. Multi-family permits in June were 483,000, down 1.6% from May.
RELATED ARTICLES
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
B.C. Invests $150M To Promote Lumber As Canada-U.S. Negotiations Continue
The provincial government is moving ahead with a new plan to “enhance the competitiveness” of B.C.’s forest industry at a time when Canada and the U.S. are still at loggerheads over reaching a new softwood…
Oregon’s Hampton Lumber Acquires Banks Lumber Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Hampton Lumber has acquired the assets of the Banks Lumber Mill, just months after the Washington County mill had laid off its employees and ceased operations. Portland-based Hampton plans to upgrade…
Canfor Establishing U.S. Headquarters In Alabama
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Canadian wood products company Canfor is opening its U.S. headquarters in Mobile. The U.S. branch will operate under the name Canfor Southern Pine, said Fred Stimpson, Canfor Southern Pine president. The…
Canada, U.S. Far Apart On Softwood Lumber
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); With a fall deadline approaching, Canada’s chief negotiator in the softwood lumber talks with the United States says the two sides remain far apart on several key issues. Martin Moen told…
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.