U.S. Housing Starts Dip Slightly In November
U.S. housing starts (combined single-family and multi-family) showed a slight decline in November, coming in at a seasonally adjusted rate of 1.427 million, 0.5% below October, and 16.4% below starts in November 2021, 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 828,000, down 4.1% compared to October, and recording the third consecutive monthly decline; but multi-family came in at 584,000, up 4.8% over October.
Building permits declined 11.2% to 1.342 million, including a 7.1% drop in single-family to 781,000, and a 17.9% dip in multi-family to 509,000 compared to October.
Miramar Beach, Sandestin, Fla.
Housing completions in November were 1.490 million, an increase of 10.8% over October, including single-family completions at 1.047 million, up 9.5%, and multi-family completions at 430,000, up 16% from October.
RELATED ARTICLES
Housing Starts Continue Negative Pattern
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S Housing Starts Break Negative Pattern: Both Single-Family, Multi-Family Increase
U.S. Housing Starts Take Another Dip, Single-Family Declines For Fifth Straight Month
U.S. Single-Family Housing Starts Dip, But Multi-Family Shows Strength
Armor In Housing Starts Reveals Crack
Multi-Family Housing Continues Surge
Multi-Family Housing Takes Up Slack For March
U.S. Housing Starts Gain Momentum
New Year Brings In Housing Starts Dip
U.S. Housing Starts Complete Robust Year
Single-Family, Multi-Family Starts Flourished In November
Single-Family Housing Has Narrow Drop, Multi-Family Rises, Permits Looking Good
Housing Starts Show Modest Decline In September
Multi-Family Leads Way In U.S. Housing Jump
Housing Starts Dip, Permits Still Gain
Housing Starts Gain Steam, Though Permits Show Slight Decline
Housing Starts Increase In May, Far Ahead Of One Year Ago
Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. Housing Starts Hit A High Note
U.S. Housing Dips Again in February; Pandemic Started Hitting Home A Year Ago
Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good
Housing Starts Finish Year With A Bang
U.S. Housing Starts Continue Upward
U.S. Single-Family Starts Jump for Sixth Month In Row
Single-Family Housing Starts Rise Again
Single-Family Housing Starts Go Up
U.S. Housing Starts Show Big Increase
Latest News
Alabama’s John Tyler McShan Was One Of A Kind
John Tyler “JT” McShan, who grew up in a family sawmill environment and later led Alabama-based McShan Lumber, and who was a leader and legend of the lumber industry and always a familiar and friendly…
New Zealand’s Niagara Sawmilling Modernizes With Comact
Comact, a global provider in high-performance OEM wood-processing technologies, is proud to announce a major equipment and technology sale to Niagara Sawmilling Co., located in Invercargill, New Zealand. This large-scale modernization project will significantly enhance…
SPIB Announces Planer Operator Course
The planer operator course from the Southern Pine Inspection Bureau provides attendees with some fundamentals that anyone involved in operating a planer needs to know—but will be especially valuable for operators and trainees, QC and…
American Wood Council Elects New Chairman
American Wood Council (AWC) announced the election of West Fraser President and CEO Sean McLaren as the new Board Chair for a two-year term. McLaren will be joined by SmartLam CEO Derek Ratchford, who was…
Sierra Pacific Breaks Ground In Eugene
Sierra Pacific Industries broke ground on its new state-of-the-art sawmill in Eugene, Ore. in early November. SPI’s Oregon crews joined in celebrating the placement of the first column—the start of what will soon be a…
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.