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
U.S. Hardwood Lumber Demand To See Seasonal Increases In February
The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—declined to a nine-month low of 112.1 for...
Nova Scotia Sawmills Face Logjam
Southwestern Nova Scotia sawmills are running out of logs and need truckloads of timber from the former Bowater timberlands. And the clock is ticking with winter snows followed by spring weight restrictions likely to close roads to heavy logging trucks. “We have to...
Canfor Southern Pine To Expand South Carolina Lumber Facility
Canfor Southern Pine To Expand South Carolina Lumber FacilityDue to increased global demand for southern yellow pine lumber, Canfor Southern Pine is expanding its existing operations in Darlington County. The $8 million investment is expected to generate 50 new jobs...
B.C. Sets New Records For Lumber Exports To China
After 10 months, the value of B.C.'s softwood lumber exports have broken a new record, Forests, Lands and Natural Resource Operations Minister Thomson announced today. To the end of October 2013, the value of total softwood lumber exports to China reached $1.17...
Chuck Roady, Five Others Appointed To Softwood Lumber Board
Agriculture Secretary Tom Vilsack has appointed six members to serve on the Softwood Lumber Board. Members will serve a three-year term of office beginning Jan. 1, 2014. New appointments include manufacturers Charles W. Roady, Columbia Falls, Mont., and Danny White,...
Canfor Announces Capital Investments In B.C. Sawmill
Canfor Corporation announced today that, subject to ratification of the tentative labor agreement between the Company and the United Steelworkers, the Company will proceed with capital investments totaling approximately $36 million to improve efficiency and recovery...
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.