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
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)…
Roseburg Names Tony Ramm Senior VP Of Manufacturing
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Roseburg is pleased to announce that Tony Ramm has accepted the role of Senior Vice President of Manufacturing, effective April 8, 2024. Ramm will drive an increased emphasis on the sustainable,…
Georgia Ports Continues Container Expansion
Georgia Ports Continues Container Expansion googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Georgia Ports Authority approved contracts totaling $65.6 million for container yard work at the Port of Savannah’s Ocean Terminal, a 200-acre facility just downriver from GPA’s…
Hilmer Andersson Goes With Valutec
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Swedish family-owned sawmill company Hilmer Andersson has invested 4 million Euros in wood dryers from Valutec, including a FB continuous kiln and three batch kilns. “Over the years we have developed…
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.