Header: Header: Header:

U.S. Housing Starts Fall While Building Permits Rise

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

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.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });

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

U.S. Housing Starts Were Soft In January

U.S. Housing Starts Dipped Slightly In 2022

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Latest News

Hampton Lumber Names Schillinger New CEO

Hampton Lumber named Randy Schillinger as CEO, following the retirement of Steve Zika, who had served as CEO at Hampton since 2003. Zika assumes a position as Vice Chairman of the Hampton Board. Schillinger has…

Combilift Launches New Product At Ligna

As leading forklift manufacturer Combilift continues its 25 years in business celebrations with the launch of another new model truck, this time at Ligna, the international timber and woodworking show, held in Hanover. The new…

Housing Starts Increase In April

Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is…

Timber Processing Combs The Ligna Fair Aisles

The Timber Processing magazine team reports an active first half of the week for sawmill machinery exhibitors at the week-long Ligna international wood processing fair held in Hannover, Germany. Bandmills were not in short supply,…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe Now
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.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us