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
Chinook Forest Partners Acquires South Coast Lumber Co.
Chinook Forest Partners, a forestland investment manager located in Southwest Oregon, has finalized its acquisition of South Coast Lumber Co. and Pacific Wood Laminates, a Douglas fir sawmill, plywood plant, and LVL plant located in…
Jartek Grows In North America, Appoints New Sales Manager
Jartek has founded Jartek US Inc. in the United States and Les Entreprises Jartek Canada Inc. in Canada. The goal of the new subsidiaries is to provide a solid operational base for serving customers and…
Western Forest Products Goes With Jartek For Thermal Modification Kiln
Jartek has signed an agreement to supply a thermal modification kiln to Western Forest Products, with installation scheduled for May 2026. The kiln, specifically designed to meet Western Forest Products requirements, will support plans to…
Harrigan Lumber Cuts Production In Half
Monroeville, Ala. Southern yellow pine producer Harrigan Lumber Co. announced in December that it would reduce production levels by 50% and lay off 34 employees, effective immediately. The decision came in response to continued market…
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.