Header: Header: Header:

U.S. Housing Starts Were Soft In January

 

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

U.S. housing starts began the new year ticking downward 4.5% in January from December to a seasonally adjusted rate of 1.309 million starts. Single-family starts came in at a rate of 841,000 in January, down 4.3%, while multi-family (five units or more) were at 457,000, down 5.4% from December.

The decline in January marked the fourth consecutive monthly decline for the combined starts.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });

Updated numbers show that housing starts were 1.555 million in 2022, compared to 1.601 million in 2021, with single-family at 1.005 million and multi-family at 533.2 million.

Building permits were at a rate of 1.339 million in January, slightly above the December number. Single-family permits were 718,000, down 1.8% from December, and multi-family was 563,000, up a half percent.

Housing completions were at a rate of 1.406 million in January, a percent above the December rate, with single-family completions at 1.04 million, 4.4% above December, and multi-family at 349,000, down 8.6%.

RELATED ARTICLES

U.S. Housing Starts Dipped Slightly In 2022

U.S. Housing Starts Dip Slightly In November

Housing Starts Continue Negative Pattern

U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften

U.S Housing Starts Break Negative Pattern: Both Single-Family, Multi-Family Increase

U.S. Housing Starts Take Another Dip, Single-Family Declines For Fifth Straight Month

U.S. Single-Family Housing Starts Dip, But Multi-Family Shows Strength

Armor In Housing Starts Reveals Crack

Multi-Family Housing Continues Surge

Multi-Family Housing Takes Up Slack For March

U.S. Housing Starts Gain Momentum

New Year Brings In Housing Starts Dip

U.S. Housing Starts Complete Robust Year

Single-Family, Multi-Family Starts Flourished In November

Single-Family Housing Has Narrow Drop, Multi-Family Rises, Permits Looking Good

Housing Starts Show Modest Decline In September

Multi-Family Leads Way In U.S. Housing Jump

Housing Starts Dip, Permits Still Gain

Housing Starts Gain Steam, Though Permits Show Slight Decline

Housing Starts Increase In May, Far Ahead Of One Year Ago

Single-Family Starts Dip, But Multi-Family Ticks Upward

U.S. Housing Starts Hit A High Note

U.S. Housing Dips Again in February; Pandemic Started Hitting Home A Year Ago

Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good

Housing Starts Finish Year With A Bang

U.S. Housing Starts Continue Upward

U.S. Single-Family Starts Jump for Sixth Month In Row

Single-Family Housing Starts Rise Again

Single-Family Housing Starts Go Up

U.S. Housing Starts Show Big Increase

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Latest News

Vicksburg Forest Products Upgrading Mississippi Sawmill, Creating Jobs

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Vicksburg Forest Products is opening a lumber mill in Vicksburg, Mississippi. After significant upgrades and modifications are complete, the multi-million dollar corporate investment will create 125 jobs. In March 2018, Anderson-Tully…

New Cross-Laminated Timber Guide Published By Lucideon

Lucideon has released a new testing guide for manufacturers of cross-laminated timber (CLT) in offsite buildings. CLT is an engineered timber product made from bonding layers of sawn timbers together. This provides a sustainable and…

Maine Sawmill On Track For Expansion With New Equipment

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The Maibec lumber mill is expecting to increase its capacity thanks to new equipment being supported with loan backing from the Finance Authority of Maine. The FAME board on May 17,…

New Sawmills Are Dotting The Landscape

Article by Rich Donnell, Editor-in-Chief, Timber Processing June 2018 You probably recall the movie Saving Private Ryan. If you do, you’ll remember that Captain Miller and his Ranger company, following their heroic contribution to the…

Vicksburg Forest Products To Reopen Anderson-Tully Sawmill In Mississippi

Vicksburg Forest Products To Reopen Anderson-Tully Sawmill googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Two months after it was initially announced, the sale of Anderson-Tully became official Monday. The Vicksburg-based sawmill was purchased by Vicksburg Forest Products LLC.,…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe Now
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.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us