U.S. Housing Starts Boom In November
U.S. housing starts—single-family and multi-family combined—made their largest monthly increase in 2023, jumping 14.8% in November over October to a rate of 1.560 million. Single-family starts in November were at a rate of 1.143 million, a whopping 18% above October, while multi-family was 404,000 in November, up nearly 9% over October.
Building permits were 1.460 million in November, down 2.5% from October; though single-family increased 0.7% to 969,000, while multi-family was 435,000, down 9.6%.
Housing completions were at an annual rate of 1.447 million, 5% above October, with single-family at 960,000, 3.2% below October, and multi-family at 472,000, up 26.5%.
RELATED ARTICLES
U.S. Housing Starts Continue Upward Trek
U.S. Housing Starts Show Significant Jump In September
U.S. Housing Starts Fall While Building Permits Rise
Single-Family Starts Lead U.S. Housing Rebound In July
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
Latest News
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...
Canadian Officials See Outline Of New Softwood Lumber Deal
Foreign Affairs Minister Chrystia Freeland says the outlines of a deal with the United States to resolve the softwood lumber dispute are in place. But she can't predict whether the persistent trade irritant will be settled before negotiations begin on Aug. 16 to...
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.