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
Milder Temperatures Bring A New Challenge To Northern Timber Industry
Minnesota has experienced unusually high temperatures recently, even breaking records in some areas. However, while many have seen this as a relief from the state's harsh winter, the timber industry has viewed it as a dilemma. Ray Higgins of the Minnesota Timber...
New York’s Baillie Lumber Co. Acquires J.T. Shannon Lumber Division, Sawmill
New York’s Baillie Lumber Co. Acquires J.T. Shannon Lumber Division, SawmillJ.T. Shannon Lumber completed a going concern sale of its Superior Hardwoods division, including its state-of-the-art sawmill located in Montezuma, IN, to Hamburg, NY-based Baillie Lumber....
Two Companies Go The Greenfield Sawmill Route
Two Companies Go The Greenfield Sawmill RouteArticle by Rich Donnell, Editor-in-Chief, Timber Processing March 2017 Articles on large greenfield sawmills don’t come around too often (though we hope to have one on Biewer Lumber’s new mill in Newton, Miss. in the near...
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.