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
Prepare Now For End Of Softwood Lumber Pact, Report Urges
Canada needs to step up efforts to build new markets for softwood lumber because our biggest customer, the U.S., shows little interest in renewing a trade agreement that expires on Oct. 12, a report from the Canada West Foundation says. Without a Softwood Lumber...
Timber’s Transformation: An Old Building Material Is Reborn
Timber’s Transformation: An Old Building Material Is RebornWe ask: If the 19th century modern building material technology was associated with steel and the 20th century with concrete, could the 21st be the century of “MCT,” mass construction timber? Wood, one of the...
History Of Montana Operation Stoltze Is Classic Stuff
History Of Montana Operation Stoltze Is Classic StuffArticle by Rich Donnell, Editor-In-Chief, Timber Processing September 2015 One of the feature stories in this issue is the F.H. Stoltze Land & Lumber sawmill operation in Columbia Falls, Montana. Our senior...
Montana Wood Products Industry Stagnant Despite Year’s Promising Start
Beginning as a promising year for the wood products industry in Montana, with modest gains expected as the housing industry continues to bounce back from the recession, 2015 has lost a good deal of its momentum for lumber producers, while plywood and fiberboard...
Lumber Prices On The Up As U.S. Home Sales Rise
It's not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar. And the...
Maley & Wertz Acquires Kirkham Hardwoods Inc.
Maley & Wertz Acquires Kirkham Hardwoods, Inc.Maley & Wertz Inc., an Evansville-based firm that acquires and sustains North American hardwoods, has acquired Kirkham Hardwoods Inc. According to a news release, the merger will better position the combined...
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.