U.S. Single-Family Housing Starts Dip, But Multi-Family Shows Strength
U.S. housing starts continued to slip in June, coming in at a seasonally adjusted rate of 1.559 million, which was down 2% from May and down 6.3% from June 2021, 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 982,000 down 8.1% from May. However, multi-family starts (five units or more) made up some ground, reporting in at 568,000, representing a 15% increase over May.
U.S. housing building permits were at an annual rate of 1.685 million, down less than a percent from May. Single-family permits in June were rated at 967,000 down 8% from May; multi-family was 666,000, an increase of 13% over May.
U.S. housing completions were at a rate 1.365 million, down 4.6% from May. Single-family completions were rated at 996,000 in June, down 4.1% from May.
Housing starts were 1.601 million in 2021 and 1.379 million in 2020.
RELATED ARTICLES
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
Latest News
North Carolina Company Planning CLT Plant In Maine, Promises 100 Jobs
North Carolina Company Planning CLT Plant In Maine, Promises 100 JobsA North Carolina manufacturer plans to create more than 100 jobs by becoming Maine’s first producer of a composite wood strong enough to replace concrete and steel in high-rise buildings. LignaTerra...
Arkansas Government Asks 120 Sawmills To Participate In Survey
Arkansas will ask 120 of its active sawmills to participate in a survey, which will allow it to construct year-end harvest and production reports. "The Timber Products Output Survey (TPO) helps us better understand the forest industry, and increases the visibility and...
Maine’s Hancock Lumber Acquires Mainely Trusses
Maine’s Hancock Lumber Acquires Mainely TrussesHancock Lumber of Casco said Monday that it has acquired Mainely Trusses, a roof and floor truss manufacturer based in Fairfield. The acquisition will add a new product line to Hancock’s manufacturing portfolio, the...
Enviros Ask Court To Toss Resolute Forest Products Defamation Lawsuit
Greenpeace and other environmental groups urged a California federal court to dismiss a complaint by Resolute Forest Products, which alleges defamation and racketeering arising from an environmentalist anti-logging campaign, says Law360. U.S. District Judge Jon S....
Canada To U.S.: Give Us A Softwood Deal And We May Drop WTO Case
The Canadian government has suggested it might drop its major international trade case against the U.S., if it gets a softwood lumber deal. Canada has filed a wide-ranging complaint to the World Trade Organization about the way the U.S. applies punitive tariffs,...
Forest Products Manufacturers Applaud EPA Permit Streamlining
American Forest & Paper Association President and CEO Donna Harman and American Wood Council President and CEO Robert Glowinski issued the following statement regarding the Environmental Protection Agency’s (EPA) issuance of new guidance to reclassify certain...
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.