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
New Forum Opens Softwood Drying Discussion
New Forum Opens Softwood Drying DiscussionWagner Meters is pleased to announce a new forum focused on the drying of softwoods. The forum is available at KilnDrying.org. Relevant topics as well as respected industry experts are brought to one website to foster...
Russia Wood Factory Grows
Russia Wood Factory GrowsRussia has for many years been, by far, the largest exporter of logs in the world. When the country announced a log export tax of 25% in 2007 and the intention to increase this tax to 80% in 2009, many forest companies in Asia and Europe...
Pellet Firm Boosts Capacity
Aggressive wood fuel pellet manufacturer-exporter Enviva LP has increased the announced capacity of the pellet plant it has under construction in Ahoskie, NC. The plant’s productive potential has been elevated by 50,000 metric tons per year to 350,000. Using hardwood,...
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.