U.S. Housing Starts Show Significant Jump In September
U.S. housing starts increased 7% in September from August, coming in at a seasonally adjusted rate of 1.358 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 were at a rate of 963,000, up 3.2%, and multi-family starts were 383,000, up 17%.
Building permits were 1.473 million, 4.4% below August, though single-family was 965,000, up 1.8%, while multi-family permits were 459,000, down 14%.
Housing completions were at a rate of 1.453 million, 6.6% above August, with single-family at 998,000 completions, up 5.3%, and multi-family at 445,000, up 10.1%.
RELATED ARTICLES
U.S. Housing Starts Fall While Building Permits Rise
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
SFPA Announces 2024 Safety Award Winners
SFPA Announces 2024 Safety Award WinnersSouthern Forest Products Assn. (SFPA) announced the recipients of the John Edgar Rhodes 2024 Sawmill Safety Excellence Awards, which embody the impact, dedication, and legacy of the association’s founding leader, John Edgar...
Rosboro Converts To Uniflow CDKs From USNR
Rosboro Converts To Uniflow CDKs From USNRRosboro Co. recently converted four of their double-track kilns to USNR's patented UniFlow continuous design, exceeding initial production increase goals while keeping emission levels below emission cap requirements. The...
Minda Acquires Fingerjoint Specialist Howial
Minda Acquires Fingerjoint Specialist HowialFor many years, Minda and Howial have collaborated on projects, with Minda supplying conveyors and presses, and Howial providing fingerjoint technology. A cooperation contract was signed in 2022 to enable integration at the...
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.