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
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...
Canada And U.S. Closing In On Softwood Lumber Deal
Canada would cap its U.S. market share at 30 percent, in an effort to settle the softwood lumber trade dispute, with the U.S. supplying the remainder. But resolving what happens if it can't make up the balance may be keeping an agreement from being reached. The U.S....
Pope Resources: Log And Lumber Export Demand Adds Tension To Pricing
Lumber supplier Pope Resources says a new sawmill in Washington and diminished imports of Canadian logs are driving up its prices. "Log markets in our operating regions are strong due to a multitude of demand and supply factors," said Tom Ringo, President and CEO....
Report: Overseas Imports Impeding New Softwood Lumber Agreement
Canada and the United States must chop down one big, remaining impediment to a deal on softwood lumber and this obstacle involves wood from neither country but from other places: Germany, Sweden, Chile, Brazil and Russia. This irritant over distant imports is...
After A Period Of Quiet Time, Canadian Buyout Of SYP Mills Resumes
After A Period Of Quiet Time, Canadian Buyout Of SYP Mills ResumesWest Fraser Timber Co. Ltd. has entered into an agreement to acquire the operations of the Gilman Companies from the Howard Gilman Foundation and other shareholders for approximately US$430 million. The...
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.