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
Happy New Year
Timber Processing magazine wishes everyone a happy, blessed and prosperous 2012!
Merry Christmas
Merry Christmas from Timber Processing magazine!
Maine Executive Order Puts Forest Certification On Equal Footing
Maine Executive Order Puts Forest Certification On Equal FootingMaine Governor Paul LePage signed an executive order today directing that “any new or expanded state buildings shall incorporate ‘Green Building’ standards that give certification credits equally to...
National Softwood Lumber Board Appointed
The U.S. Dept. of Agriculture has appointed 19 representatives to serve on the first national Softwood Lumber Board to oversee the new “check-off” lumber promotion effort. Members will serve two-, three- or four-year terms. Members appointed to represent U.S....
Failed Yukon Sawmill Investors Hopefully Await Court Ruling
A group of 120 shareholders who invested in a failed Watson Lake sawmill 13 years ago are hopeful they'll be paid back soon by Ottawa if a federal court of appeals upholds their award. The sawmill went bankrupt and ran out of wood in 2000, costing 150 jobs. The...
Is There An Oppurtunity Here?
Story by Rich Donnell, Editor-in-Chief In case you’ve forgotten, the U.S. Forest Service does still exist? Many in our industry have forgotten about this agency, perhaps even chosen to forget it, ever since our industry became barely a blip on the Forest Service...
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.