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
Universal Forest Products Acquires Texas Lumber Firm
Universal Forest Products Acquires Texas Lumber FirmA subsidiary of Grand Rapids-based Universal Forest Products Inc. (UFPI) has acquired certain assets of Dallas-based Bigs Packaging and Lumber LLC, the company announced today. Founded in 2011, Bigs Packaging is a...
Demand For New Hampshire Timber Is Global
Loaded logging trucks: We see them all the time on New Hampshire roads and highways. Have you ever wondered where all those logs are headed? When we explored this question at the Forest Society, the result was an article in our membership magazine discussing new and...
North American Hardwood Exports Stagnate Along With Global Economy
In October, stagnant to deteriorating economic conditions reduced North American hardwood exports to some markets, and curtailed growth to several others. Most notably, European markets were quieter in October amid growing economic anxiety. Japanese demand also showed...
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.