Single-Family Housing Starts Go Up
According to the U.S. Census Bureau monthly new residential construction report, U.S. single-family housing starts continued their climb in August, reaching 1.021 million, a 4.1% increase over July and 12% above August a year ago. Multi-family starts, however, were at 375,000 in August, a 25% decline from July and a 17% drop from August 2019. Combined single-family and multi-family starts were 1.416 million in August, 5.1% below July and 2.8% above August 2019.
Largest percentage of single-family starts came in the West and Midwest at 23% and 20%, respectively.
Single-family building permits were 1.036 million, 6% above July and 15.6% above August 2019. Multi-housing permits for August were 381,000, 17% down from July and 29% down from August 2019. Single-family and multi-family permits combined for August were 1.47 million, a percent below July and about event with August 2019.
Single-family completions in August were 912,000 in August, down 4.4% from July.
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
Latest News
B.C. Forest Firms Brace For U.S. Lumber Battle
If it’s true that business hates uncertainty, then the B.C. forest industry is in for some ill feeling in 2017. Finding opportunity in the face of that uncertainty is the challenge for the coming year.…
Wood Taking Root In U.S. Construction
A recent annual competition promoted wood as a building material to the next generation of architects. The Timber in the City: Urban Habitats Competition was coordinated by the Binational Softwood Lumber Council (BSLC), the Association…
Canadian, U.S. Timber Markets See Same Issues In Different Ways
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Like a pair of fraternal twins, the timber markets of the United States and Canada don’t quite look identical. In the West, both sides cut conifers mainly for the U.S. housing…
Maine’s Katahdin Forest Products Mulls Sawmill Expansion
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Katahdin Forest Products, the Oakfield-based maker of cedar log homes, is considering expanding its sawmill in Ashland at the same time that a lumber dispute between the U.S. and Canada leaves…
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.