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
West Coast Log Exports Increased, Lumber Exports Dropped In First Quarter Of 2014
Log exports from Washington, Oregon, northern California, and Alaska increased by just under 2 percent in volume to 466 million board feet in the first quarter of 2014 compared to the fourth quarter of 2013, the U.S. Forest Service’s Pacific Northwest Research Station...
Housing Market Recovery Helps California Lumber Producers
Home construction in California is on the upswing as the housing market slowly recovers from the dramatic downturn of the recession that saw home prices and new construction plummet. Going hand in hand with the increase in home building is the demand for lumber for...
Resolute Forest Products Workers Get Four Years Of Pay Increases
A union representing workers at Canada’s biggest forest products company, Resolute Forest Products, has ratified a new four-year collective agreement covering approximately 2,000 employees at 11 of the company's mills in Ontario and Quebec. A spokesperson for Unifor...
Oregon’s Rough & Ready Lumber Rehires Many Of Its Workers
Lonnie Rollins, Larry Mason and Lonnie Adams wore big smiles last week as they chatted with Rough & Ready Lumber owner Jennifer Phillippi. The three men with 75 years of combined experience at the mill were rehired in the past few months, after the entire...
Lumber Exports Will Drive B.C. Economy, Says Export Development Canada
Export Development Canada (EDC), the federal Crown corporation that provides financing to Canadian exporters, is forecasting that an increase in lumber shipments overseas will drive the B.C. economy for the next two years. The forestry sector is predicted to grow by...
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.