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
Mills To Arizona And New Mexico Senators: Give Us More Timber
On the edge of what promises to be another hot, drought-fueled wildfire season, timber companies working under the U.S. Forest Service's expiring 10-year White Mountain Stewardship Project are running short of wood. Eastern Arizona loggers and mill operators told two...
Franklin Startup Brings Back Memories of New Sawmill
Franklin Startup Brings Back Memories of New SawmillArticle by Rich Donnell, Editor-In-Chief, Timber Processing April 2014 We’ve been reading a lot about Canadian forest products companies buying southern pine sawmills. We haven’t read so much about U.S. independent...
Eacom Sawmill Rebuild In Ontario Near Completion
The reconstruction of the Eacom sawmill in Timmins is just a couple of months from being completed. It will be take longer, however, before mill operators can settle back and declare the job done. “We expect the construction to be finalized within the next two...
Financing Approved For Proposed Arkansas Sawmill
The Arkansas Economic Development Commission has approved $5 million in financing to aid a timber company in the proposed purchase of an abandoned plant in Union County. The commission approved the financing this week for Southeastern Timber Products El Dorado LLC....
U.S. Kiln Dried Hardwood And Green Lumber In Short Supply
Contacts are still talking about the impacts of the terrible winter weather on the hardwood industry. Deep snow and biting cold slowed logging and hurt sawmill production. One Indiana mill reported 145” of snow this winter; the normal is 40”. Log prices have been...
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.