Single-Family Housing Starts Show Strength
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.
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%.
Latest News
U.S. Houses Are Using More Russian Lumber, Thanks To Canada Dispute
U.S. Houses Are Using More Russian Lumber, Thanks To Canada DisputeRussia has emerged as one of the winners from the trade dispute between Canada and the U.S over lumber. The U.S. is importing more softwood lumber from overseas after it slapped tariffs on Canadian...
Timber Structures Worldwide Show Potential Of Wood Construction
Roofs made from wood are one or the rarest roof types to find around these days, as concrete slab and shingles take over, according to Choice Solutions Roofing and Exteriors Co. In Oklahoma City. Wood is not seen as strong as some other materials when it comes to...
Fire Burns Idaho Lumber Mill
Fire Burns Idaho Lumber MillFire erupted at a sawmill along U.S. Highway 95 Wednesday morning, sending plumes of black smoke into the air and suspending operations as firefighters arrived. There were no reports of injuries. Employees were on break when the fire...
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.