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
4FRI Project Offers Route To Forest Health
Story by Dan Shell, Managing Editor Located in north central Arizona, the newest greenfield sawmill in the U.S. (see page 6) is taking shape, representing the culmination of a decade-long effort by public and private groups and also an unprecedented move by the U.S....
Log Exports To China Drop, Improving The Timber Supply To Northwest Mills
China's slowing economy may benefit Oregon's lumber and plywood mills by making more timber available at reasonable prices, industry observers say. Wood Resource Quarterly, an industry journal based in Seattle, reported China reduced log imports from the U.S., New...
Timber Could Be Growth Industry If Housing Soars
For some reason, investors seem to be wary of stocks. It may be because bonds have beaten the stuffing out of stocks for the past 20 years. It may be the stream of scandals plaguing Wall Street. Or it may be that they are Facebook shareholders. So today's column is...
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.