U.S. Housing Starts Gain Momentum
U.S. housing starts picked up the pace in February, increasing 6.8% over January to a seasonally adjusted annual rate of 1.769 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts in February were at a rate of 1.215 million, up 5.7% over January, while multi-family starts (five units or more) were 501,000, up 0.8%.
The February numbers top any monthly numbers in 2022, when annual housing starts hit 1.6 million. Housing starts had dropped 4% in January from December.
Housing building permits were at a seasonally adjusted rate of 1.859 million, down nearly 2% from January. Single-family permits were 1.207 million, off 0.5%, while multi-family was 597,000, down 4.5% from January.
RELATED ARTICLES
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
Oregon Sets Standards For Taller Wood Buildings
The State of Oregon Building Codes Structures Board recently approved and the Oregon Building Codes Division adopted code language providing for taller wood building construction in Oregon. The Aug. 1 approval provides greater predictability for…
Maibec Selling Its Two Sawmills To Groupe Lebel
Maibec has announced that it concluded a transaction with Groupe Lebel of Rivière-du-Loup for their acquisition of the Maibec lumber mills located in St. Pamphile, Que., and Masardis, Maine. The 315 employees of Maibec that…
Interfor To Invest In Georgia Sawmill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Interfor Corporation is investing into its Thomaston sawmill in Upson County. The lumber manufacturer announced its Thomaston mill will be part of Phase II of the Southern Investment Strategy. In all,…
Georgia-Pacific Announces New $150 Million Georgia Sawmill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Georgia-Pacific announced plans to build a new regional lumber production facility at the Albany-Dougherty Industrial Park in east Albany on U.S. Highway 82. Construction on the $150 million, 320,000-square-foot, technologically advanced…
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.