Header: Header: Header:

Single-Family Housing Starts Show Strength

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

U.S. housing starts had a minor dip in March, at 1.42 million, down 0.8% from February, though single-family starts were at a rate of 861,000 in March, an increase of 2.7% from February, while multi-family (five units or more) were 542,000, down 6.7% from February, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });

Building permits were at a rate of 1.413 million in March, down 8.8% from February. Single-family permits were 818,000, a 4.1% increase, while multi-family was 543,000, down 24%.

Housing completions were 1.542 million, 0.6% below February. Single-family completions were 1.05 million, 2.4% above February, while multi-family was 484,000, down 7%.

RELATED ARTICLES

U.S. Housing Starts Rebound In February

U.S. Housing Starts Were Soft In January

U.S. Housing Starts Dipped Slightly In 2022

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Latest News

New SYP Sawmill Stirs Up Dust

Looks like construction of the new Canfor $160 million southern yellow pine sawmill in DeRidder, La. is in motion, according to these photos taken by Senior Editor Jessica Johnson as she was passing through the…

Justin Price Becomes 75th FPS President

Evergreen Engineering co-CEO Justin Price will serve as president of the Forest Products Society for the 2022-23 term. Price takes over from Terry Liles, Director of Raw Materials for Huber Engineered Woods. Price, who has…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe Now
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.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us