U.S. Housing Starts Fall While Building Permits Rise
U.S. housing starts fell in August from July, at a seasonally adjusted rate of 1.283 million, down 11.3%. Single-family starts were at a rate of 941,000, 4.3% below July, while multi-family starts were the primary culprit at 334,000, down 26.3%, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Housing starts had increased 4% in July over June, with single-family increasing 6.7% in July over June.
Building permits in August were 1.543 million, almost 7% above July. Single-family permits were 949,000, 2% above July, and multi-family was 535,000, up nearly 15%.
RELATED ARTICLES
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
Latest News
Forisk Promotes Amanda Lang To President & COO
Forisk Promotes Amanda Lang To President & COO Forisk Consulting, a leading provider of forestry industry analytics and research, has announced further growth and updates to its leadership team. Amanda Lang has been promoted to President & Chief Operating...
Hampton Goes With Comact In South Carolina
Hampton Goes With Comact In South CarolinaComact has been selected as the equipment and technology supplier for Hampton Lumber’s new state-of-the-art sawmill in South Carolina. In addition to supplying the mill’s advanced systems, Comact will be responsible for...
Richard Barge Thrived With Timberlands
Richard Barge Thrived With TimberlandsCharles Richard Barge, better known as Richard, a longtime leader and innovator in timberlands management and who helped to build a modern sawmill in the late 1980s, and who was highly honored by the Mississippi forestry industry,...
Hampton Lumber To Build New Mill In South Carolina
Hampton Lumber To Build New Mill In South CarolinaOn June 23, Hampton Lumber announced plans to build a new, state-of-the-art sawmill in Allendale County, SC. This facility will expand Hampton’s presence in the U.S. and support the company’s long-term vision to become...
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.