Single-Family, Multi-Family Starts Flourished In November
U.S. housing starts increased a whopping 11.8% in November over October to a seasonally adjusted annual rate of 1.679 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. It’s also 8.3% above November 2020.
Single-family starts were at a rate of 1.173 million, 11.3% higher than October, while multi-family starts (five units or more) were 491,000, up 12.1% over October.
U.S. housing starts had consecutive declines the previous two months. The total starts number of 1.679 million and single-family of 1.173 million were both the second highest monthly adjusted annual numbers of 2021, while multi-family November of 491,000 was the highest monthly adjusted annual rate in 2021.
Housing building permits were at a seasonally adjusted rate of 1.712 million, 3.6% above October, including 1.103 single-family, up 2.7%, and 560,000 multi-family, up 6.1%.
RELATED ARTICLES
Single-Family Housing Has Narrow Drop, Multi-Family Rises, Permits Looking Good
Housing Starts Show Modest Decline In September
Multi-Family Leads Way In U.S. Housing Jump
Housing Starts Dip, Permits Still Gain
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
Single-Family Housing Starts Rise Again
Single-Family Housing Starts Go Up
U.S. Housing Starts Show Big Increase
Latest News
China Log Imports Set Record
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); China had another record year of softwood log imports in 2018, as more than 16.96 billion BF (40 million m3) of logs landed at Chinese ports, according to a report from…
Kalesnikoff Plans Mass Timber Plant
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Kalesnikoff Lumber Co. announced it intends to build North America’s most advanced, fully integrated, multi-species mass timber manufacturing facility in South Slocan, BC, which will create 50 jobs. Kalesnikoff’s $35 million…
MSU Building Using CLT, Glulam Products
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The Michigan State University STEM Teaching and Learning Facility will be the first in Michigan to use mass timber wood products, rather than concrete and/or steel, for its load-bearing structure. The…
Supply-Demand Beat Goes On
Article by Rich Donnell, Editor-in-Chief, Timber Processing March 2019 During my recent visit to Georgia-Pacific’s newly started up sawmill in Talladega, Ala., and during my discussions there about the fact that GP is building two…
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.