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
Comact Releases New Generation Of Miller Planers
Comact, a global leader in high-performance OEM wood-processing technologies, has announced the new generation of the Miller planer. Building on decades of proven performance, this redesign introduces targeted improvements to support product quality, operational reliability,…
McDonough, A&E Introduce Resaw System
McDonough Manufacturing Co. and Automation & Electronics (A&E) have announced a partnership to introduce the OptiX MAXX resaw system, a fully integrated, grade optimized solution designed to improve recovery, consistency, and efficiency in modern sawmill…
PLIB Launches Online Learning Portal
The Pacific Lumber Inspection Bureau (PLIB) has launched Fundamentals of Lumber Grading, a comprehensive introductory online training course providing detailed foundational knowledge of lumber grading. With its deep dive into softwood lumber grading basics the…
Gresham House To Acquire Majority Interest In Molpus Woodlands Group
Gresham House, a specialist alternative asset manager, has announced an agreement to acquire a majority interest in Mississippi-based Molpus Woodlands Group, creating one of the world’s largest timberland investment managers with approximately $8 billion of…
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.