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
West Coast Lumber Exports Increase Slightly In The First Quarter Of 2012
West coast lumber exports increased slightly in the first quarter of 2012, just under 2% for a total of 234 million board feet worth $156 million, according to the U.S. Forest Service’s Pacific Northwest Research Station. Meanwhile, U.S. log exports to Canada jumped...
Winslow Wood Mill Set For 2013
A Montana-based company won a contract Friday for the biggest-ever thinning project in U.S. history designed to restore northern Arizona forests to health. Pioneer Associates of Billings, Mont., will use the wood from 300,000 acres to feed a wood products mill that it...
UFP Purchases Alabama-Based Manufactured Housing Supplier
Universal Forest Products, Inc. recently announced that a subsidiary of the Company has purchased certain assets of Haleyville, Ala.-based MSR Forest Products, LLC, a supplier of roof trusses and cut-to-size lumber to the region's manufactured housing producers. The...
Wood Products Industry Leaders Take To Capitol Hill
Representatives from the wood products community are on Capitol Hill this week meeting with members of Congress to discuss federal issues affecting their industry and its more than 300,000 workers. The American Wood Council (AWC) Fly-In has gathered industry leaders...
Oregon Wood Products Sector Makes Slow Turn Upward
The international markets didn't register a ripple, but on April 9, Arnie Swan drove 25 minutes from his home and reported to work at Boise Cascade's veneer plant. He's a new hire, not a worker called back from one of the layoffs and shutdowns that have dogged the...
B.C. Sawmills Face Soaring Insurance Rates After Fatal Blasts
B.C. sawmill operators are facing skyrocketing insurance rates after the industry was hit hard by two fatal explosions in the span of three months. Flavelle Sawmill in Port Moody was forced to shut down last week after the company was told insurance premiums were...
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.