Header: Header: Header:

Single-Family Starts Lead U.S. Housing Rebound In July

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

U.S. housing starts increased in July to a seasonally adjusted rate of 1.452 million, nearly 4% above June (and 6% above July a year ago). Single-family housing starts in July were at a rate of 983,000, 6.7% above June, while multi-family starts were 460,000, even with June, 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'); });

Both single-family and multi-family starts had declined significantly in June from May, so the latest numbers offer some relief. Housing starts in July represent the second highly monthly adjusted annual rate of the year.

Building permits in July were 1.442 million, slightly above June, with single-family at 930,000, 0.6% above June, and multi-family at 464,000, down a fraction from June.

Housing completions were at a rate of 1.321 million in July, down 11.8% from June. Single-family was 1.018 million, up 1.3%, while multi-family was 297,000, down a whopping 38.5% from June.

RELATED ARTICLES

Housing Starts Decline, But Still Steady

Housing Starts Come On Like Gangbusters

Housing Starts Increase In April

Single-Family Housing Starts Show Strength

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

Plantation Pine Products Is Gearing Up

Plantation Pine Products continues to move forward on its $25 million sawmill upgrade investment at Thomasville, Ga. Operated by Steve Conner of the well respected Conner family of lumbermen in Georgia, the site is the…

Chris Walton Named Hampton Lumber CEO

Hampton Lumber has appointed Chris Walton its next Chief Executive Officer. Walton succeeds Steve Zika, who has served as Interim CEO since December 2025. Over the past 30 years, Walton has held leadership positions at…

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