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
Fulghum Announces Commissioning At West Fraser Henderson
Fulghum Announces Commissioning At West Fraser HendersonFulghum Industries, Inc. has announced the successful commissioning of a newly installed 170-ft., 45-ton log crane for West Fraser’s expanding operations in Henderson, Tex. The project was initially announced in...
Hancock’s Matt Duprey Named NeLMA Chair
Hancock’s Matt Duprey Named NeLMA ChairHancock Lumber, Casco, Me., Chief Sales Officer, Matt Duprey, has been elected as the newest Chairman of the Northeastern Lumber Manufacturers Assn. (NeLMA). Established in 1933, NeLMA is the rules-writing agency for eastern...
Element5 Installs MiCROTEC Goldeneye Scanner
Element5 Installs MiCROTEC Goldeneye ScannerAs part of the $107 million expansion of Element5’s mass timber facility in St. Thomas, Ontario that will double production capacity, the mill has added a new MiCROTEC Goldeneye multi-sensor quality scanner specifically to...
Sawmiller Pens Opinion Article
Sawmiller Pens Opinion ArticleEDITOR’S NOTE: The following opinion article was written by Kirby Kendrick and does not necessarily represent the views of Timber Processing staff. Across Iowa and rural America, generations of families have built their lives around one...
Lumber Quality Workshops Announced
Lumber Quality Workshops AnnouncedTerry Brown and the Lumber Quality Institute will again offer two lumber quality-related workshops in Salem, Ore. at the Scottish Rite Center. Lumber Quality and Process Control Workshop will be held November 10-11, and the Lumber...
New President & CEO Appointed At Great Southern Wood Preserving
New President & CEO Appointed At Great Southern Wood Preserving Jimmy Rane, founder and chairman of the board of Great Southern Wood Preserving, Inc., has announced that Mark Callender, a 34-year veteran of the company, will be elevated to president and chief...
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.