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
Zeeland Lumber And Supply Unveils Plans To Expand In Northern Indiana
Zeeland Lumber Holdings, the parent company of Zeeland Lumber and Supply, announced it will open a new office, distribution center, lumberyard and manufacturing facility in Elkhart, Indiana. “Everyone here at Zeeland Lumber and Supply is excited to be expanding into...
Georgia-Pacific Engineered Lumber Signs Distribution Agreement With U.S. Lumber
Georgia-Pacific and U.S. Lumber have announced they are entering a distribution agreement for engineered wood products (EWP). The agreement, effective November 1, 2013, provides for U.S. Lumber to distribute Georgia-Pacific engineered lumber in Alabama, Arkansas,...
Science Turns Dead Pine Into Valuable Lumber At West Fraser Sawmill
At West Fraser's modern Quesnel sawmill, sophisticated computer technology has turned the legacy of the worst mountain pine beetle infestation in British Columbia's history into commercially viable lumber, a feat that is keeping the forest industry competitive despite...
Arizona Sawmill To Reopen, Thanks To $10 Million Loan
An Arizona sawmill on the Fort Apache reservation in the eastern part of the state is reopening, thanks to a $10 million loan. U.S. Rep. Ann Kirkpatrick announced the funding Monday to the White Mountain Apache Tribe. She says it will go toward repairing and replacing...
Mississippi’s Kitchens Brothers Selling Shuttered Sawmills
Mississippi’s Kitchens Brothers Selling Shuttered SawmillsEquity Partners CRB and Heritage Global Partners have been retained to sell three hardwood sawmills on behalf of Kitchens Brothers Manufacturing Company. Equity Partners is seeking bids for each mill in its...
Florida Land Is Cleared, Sold To Klausner Group
The Suwannee County Board of County Commissioners voted to deed a 155 acre property at Live Oak, Fla. for $1, with stipulations, to the Austrian company, Klausner, which plans to build a large southern pine sawmill near the interchange of US 90 West and I-10. Klausner...
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.