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
Prairie Wood Products Closes Due To FS Transport Grant Dispute
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Claiming that a change in policy concerning the use of Forest Service grant money for transportation costs, Prairie Wood Products in Prairie City, Ore. suspended operations in March citing a disagreement…
Two Rivers Lumber Plans Second Alabama Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Two Rivers Lumber Co. plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company’s second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to…
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)…
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.