Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5% from March but 67% above April 2020 when the pandemic severely hit the housing construction market.
Single-family starts were 1.087 million in April, 13.4% below March and nearly 59% above April a year ago. Multi-family was 470,000 in April, up 4% from March and a whopping 98% above April a year ago.
Housing building permits were at a seasonally adjusted annual rate of 1.76 million in April, about the same as in March and 61% above April 2020. Single-family permits were 1.149 million in April, 3.8% below March. Multi-family permits in April were 559,000, 11% above March.
RELATED ARTICLES
Housing Starts Increase In May, Far Ahead Of One Year Ago
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
Washington’s Simpson Lumber Company Explores Possible Sale
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Privately owned Simpson Lumber Co. with mills in Tacoma, Longview and Shelton and the Southeast, is on the sale block. The Tacoma-based company has hired a financial adviser to explore the…
New Arizona Sawmill Brings Jobs, Helps Thin Forests
A new Arizona sawmill opened Monday west of Flagstaff after two years of planning. Newpac Fibre, LLC opened its sawmill in Williams at the location of a former sawmill site that closed in 1995. The…
Sierra Pacific Becomes Quiet Giant In U.S. Lumber Industry
If pressed to name the biggest forest products companies in the U.S., or the most significant in Washington, you might come up with names such as Weyerhaeuser or Boise Cascade or Georgia-Pacific. For some local…
Tenacity, Innovation Fuel Growth At Wisconsin’s Schmitt Timber
If Wayne Schmitt, owner of Wisconsin’s Schmitt Timber, had his way, every oak, ash or maple board he slices off the log would be top grade; clear-grained, free of knots and blemishes. Those cuts are…
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.