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
New Bill Will Push Research For U.S. Wood Building Construction
A new bill from Congress would establish performance driven research for advancing tall wood building construction in the U.S. The “Timber Innovation Act” would: · Authorize the Tall Wood Building Prize Competition through the U.S. Department of Agriculture (USDA)...
Green Building Council Gives LEED Credentials To Contentious Wood Certification
Green Building Council Gives LEED Credentials To Contentious Wood CertificationThat LEED office building where you're sitting right now reading this may be built with the environment in mind, but if it has wood, it may or may not have been legally sourced. Until now,...
Resolute Forest Products CEO Makes Free Trade Case To Canadian Officials
Resolute Forest Products CEO Richard Garneau made the case for free trade in the wood products industry with the U.S., noting that managed trade increases volatility, creating an unpredictable and unstable trade environment between the two large trading partners....
Engineered Wood Could Be A Boon For Oregon’s Wood Products Industry
Solid as steel. Sturdy as concrete. Cross-laminated timber carries these claims and hopes for boosting Oregon’s wood products industry. The engineered wood product is made by gluing together layers of boards, such as 2-by-4s, 2-by-6s and 2-by-8s. The resulting panels...
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.