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
Sierra Pacific Plants 300 Millionth Seedling
Sierra Pacific Industries reported the planting of its 300 millionth seedling on its timberlands this spring. “I wouldn’t have imagined 75 years ago when we started with no land and one very small sawmill that…
Fulghum Commissions 170 ft. Crane In Arkansas
Fulghum Industries, Inc. is pleased to announce the commission of the recently installed 170 ft. 45 ton log crane for the modernization project of PotlatchDeltic, Waldo, Ark. The crane will be feeding a BID Group…
Auburn University Announces Agenda For CLT Conference
The Auburn University College of Forestry, Wildlife and Environment (CFWE) has unveiled its roster of speakers and conference agenda for the upcoming 2024 cross-laminated timber (CLT) conference to be held this October in Auburn, Ala.…
Besse Forest Products Closes Three Veneer, Lumber Operations
Officials with Michigan-based Besse Forest Products recently announced the closure of three plants in Wisconsin that will result in more than 130 employees being laid off. The mills affected are Goodman Veneer and Lumber, Goodman,…
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.