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
Lack Of Timber Challenges Montana Sawmill
It is spring break-up in the Montana mountains, where wet, muddy conditions prevent loggers and haulers from working for the next few weeks. However, Sun Mountain Lumber, in Deer Lodge, has an adequate supply of timber in its yard to keep the sawmill running during...
Roseburg Forest Products Mill Manager Fired, Plant Fined $130K For Pollution
Roseburg Forest Products Mill Manager Fired, Plant Fined $130K For PollutionRoseburg Forest Products’ Missoula mill has paid $130,925 in fines after self-reporting several air quality violations dating back to 2006. The Montana Department of Environmental Quality said...
Forest Sector’s Latest Push: High-Tech Lumber For Tall Towers
Canada’s forestry sector is touting a new generation of high-tech lumber as a way to gain a foothold in a part of the construction industry from which it has long been shut out: condominiums. Officials at the Forest Products Association of Canada are pushing to have...
B.C. Sawmill Destroyed By Fire Will Be Rebuilt
A sawmill in Prince George, British Columbia will be reconstructed on the same site after being destroyed by an explosion and fire that killed two people last year. “April 23, 2012 was the worst day in our company’s history, and it began a year of challenge and sorrow...
Ligna Offers World Stage For Sawmill Equipment Suppliers
Story by Rich Donnell, Editor-in-Chief If you’re questioning whether the sawmill machinery industry has gone global, simply turn to page 22 for the beginning of our Ligna preview section and you’ll quickly arrive at the conclusion that it has indeed. “Ligna” is the...
“Top 20” Lumber Producers Report Indicates Renewed Industry Optimism
“Top 20” Lumber Producers Report Indicates Renewed Industry OptimismThe latest Wood Markets annual survey of the “top 20” Canadian and U.S. softwood lumber producers shows an uneven trend across North America for 2012: U.S. softwood lumber production increased 6.3% to...
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.