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
Roseburg Forest Products Names New President
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Allyn Ford, CEO and president of Oregon-based Roseburg Forest Products, announced that the Ford Family and the Roseburg Board of Directors have chosen Grady Mulbery to assume the role of Roseburg…
Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment…
Despite Expiration Of SLA, Lumber Prices And Housing Starts Increase
The anticipation of a Federal Reserve rate hike earlier this month had global market analysts teetering on the edge of their seats. They breathed a collective sigh of relief after the Fed announced it would…
USDA Kills Hardwood Checkoff Program
There will be no Hardwood Checkoff promotions program. The U.S. Department of Agriculture has stopped the rulemaking process on the controversial “Hardwood Lumber and Hardwood Plywood Promotion, Research and Information Order.” Published in the Oct.…
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.