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
Number Can Lie, If You Let Them
Article by Rich Donnell, Editor-In-Chief We give over many pages in this issue to coverage of the Timber Processing & Energy Expo that was held in Portland, Ore. September 28-30. Why wouldn’t we? It’s our show. Yes, every two years we at Hatton-Brown Publishers,...
Norway Spruce, Abundant In Maine, Approved For Construction
It's being called a once-in-a-lifetime occasion for the lumber and building industries: Following extensive testing at the University of Maine, Norway spruce has been approved for use as a construction-grade material in the U.S. In the 1930's, Civilian Conservation...
Canada, EU Sign Historic Trade Agreement During Summit
Canadian Prime Minister Justin Trudeau, together with Donald Tusk, President of the European Council, and Jean-Claude Juncker, President of the European Commission, signed the Comprehensive Economic and Trade Agreement (CETA) during Sunday’s European Union-Canada...
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.