U.S Housing Starts Break Negative Pattern: Both Single-Family, Multi-Family Increase
U.S. housing starts in August jumped 12.2% over July to an annual rate of 1.575 million, breaking a three month losing streak, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts increased 3.4% to 935,000, and multi-family (five units or more) were 621,000, up an impressive 28.6% over July.
Building permits, however, dipped 10% to 1.517 million, with single-family at a rate of 899,000, down 3.5%, and multi-family at 571,000, a decline of 18.5%.
Housing completions were at an annual rate of 1.342 million in August, down 5.4% from July, though single-family was up 0.4% to 1.017 million, while multi-family at 318,000 was down 20.7%.
RELATED ARTICLES
U.S. Housing Starts Take Another Dip, Single-Family Declines For Fifth Straight Month
U.S. Single-Family Housing Starts Dip, But Multi-Family Shows Strength
Armor In Housing Starts Reveals Crack
Multi-Family Housing Continues Surge
Multi-Family Housing Takes Up Slack For March
U.S. Housing Starts Gain Momentum
New Year Brings In Housing Starts Dip
U.S. Housing Starts Complete Robust Year
Single-Family, Multi-Family Starts Flourished In November
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
Latest News
DO2 Names Mathieu Laflamme Sales Director
DO2 Names Mathieu Laflamme Sales DirectorDolbeau Oxygene, known as DO2, appointed Mathieu Laflamme as Sales Director for the DO2 Group, which includes DO2 Industrial as well as its automation division, DO2 Control. Laflamme has more than 20 years of experience in...
Fulghum Announces Commissioning At West Fraser Henderson
Fulghum Announces Commissioning At West Fraser HendersonFulghum Industries, Inc. has announced the successful commissioning of a newly installed 170-ft., 45-ton log crane for West Fraser’s expanding operations in Henderson, Tex. The project was initially announced in...
Hancock’s Matt Duprey Named NeLMA Chair
Hancock’s Matt Duprey Named NeLMA ChairHancock Lumber, Casco, Me., Chief Sales Officer, Matt Duprey, has been elected as the newest Chairman of the Northeastern Lumber Manufacturers Assn. (NeLMA). Established in 1933, NeLMA is the rules-writing agency for eastern...
Element5 Installs MiCROTEC Goldeneye Scanner
Element5 Installs MiCROTEC Goldeneye ScannerAs part of the $107 million expansion of Element5’s mass timber facility in St. Thomas, Ontario that will double production capacity, the mill has added a new MiCROTEC Goldeneye multi-sensor quality scanner specifically to...
Sawmiller Pens Opinion Article
Sawmiller Pens Opinion ArticleEDITOR’S NOTE: The following opinion article was written by Kirby Kendrick and does not necessarily represent the views of Timber Processing staff. Across Iowa and rural America, generations of families have built their lives around one...
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.