U.S. Housing Starts Continue Upward Trek
U.S. housing starts in October increased 2% from September to a seasonally adjusted rate of 1.372 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Single-family starts were at a rate of 970,000, about even with September, while multi-family starts were 382,000, an increase of 5%.
Building permits were 1.487 million, up a percent over September, with single-family at 968,000, a half percent increase, and multi-family was 469,000, an increase of 2.2%.
Housing completions were at an annual rate of 1.410 million, down 4.6% from September, with single-family at 993,000, a percent below September, and multi-family at 408,000, a decrease of 12.6%.
RELATED ARTICLES
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
Real Performance Machinery Annoucnes Michael Sawer As Chairman & CEO
Real Performance Machinery, LLC (RPM), Independence, Va., which designs, engineers and manufactures sawmill machinery and technologies, announced that company co-founder Michael Sawer has returned as Chairman and CEO following the successful completion of a transaction…
Alden Robbins Dies From Fire-Explosion
The Robbins family of Robbins Lumber in Searsmont, Me. reported that co-owner and vice-president sales, Alden J. Robbins, died on July 2 from injuries sustained during the fire-explosion at the Robbins Lumber sawmill site on…
Union Pacific Signs Contract For Domestic Rails
Union Pacific Railroad and Rocky Mountain Steel Mills have reached a new, seven-year contract for the domestic production of steel rails, underscoring Union Pacific’s clear commitment to buying the majority of its rail from a…
Fulghum Completes First 155-Ft., 45-Ton Crane Installation
Fulghum Industries has completed installation and certification of a 155-ft., 45-ton log crane at Burt Lumber in Washington, Ga., marking the first crane of that size built by the company. Certified on April 27, 2026,…
Survey Says: U.S. Softwood Lumber Producers Temper Outlook for 2026-27
U.S. softwood lumber producers are entering 2026-27 with a slightly less optimistic outlook than they held a year ago, according to Timber Processing’s 2026 Annual U.S. Sawmill Operations & Capital Expenditure Survey. Only 38% of…
Western Wood Preservers Names Ryan Pessah Executive Director
The Western Wood Preserves Institute (WWPI) Board of Directors have selected Ryan Pessah as Executive Director following a nationwide search. Pessah has served as the Institute’s Government Relations Director. He succeeds Butch Bernhardt, who is…
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.