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
After A Period Of Quiet Time, Canadian Buyout Of SYP Mills Resumes
After A Period Of Quiet Time, Canadian Buyout Of SYP Mills ResumesWest Fraser Timber Co. Ltd. has entered into an agreement to acquire the operations of the Gilman Companies from the Howard Gilman Foundation and other shareholders for approximately US$430 million. The...
U.S. Senators Urge Quotas On Canadian Lumber
Seven members of the Senate Finance Committee on Tuesday called the Trump administration to set quotas on Canadian softwood lumber and closely consult with Congress during negotiations of a final agreement. Senate Finance Committee ranking member Ron Wyden (D-Ore.)...
A Little Bit of Sunshine
Article by Jessica Johnson Associate Editor Back again is the Sawmill Operations and Capital Expenditure Survey report, compiled annually by Timber Processing, focusing on U.S. hardwood lumber mills. (The report on U.S. softwood lumber mills appeared in the June issue...
Washington’s Northwest Hardwoods Marks 50 Years
Arnold Curtis established Northwest Hardwoods (NWH) in 1967 by creating a single alder mill in Arlington, Washington. With his vision, he set out to transform the under-appreciated alder tree into the high quality lumber product that it is today. Along the way, Curtis...
Multi-Million Dollar Alabama Sawmill Project Right On Schedule
A multi-million dollar sawmill project in Demopolis continues to make progress. The new state-of-the-art sawmill is expected to bring more than new fifty jobs to the area. Demopolis Mayor John Laney says the Two Rivers Lumber Company sawmill project is steadily moving...
U.S. Lumber Coalition Applauds Objectives In NAFTA Talks
The U.S. Lumber Coalition recently commented on the Trump Administration's objectives for the renegotiation of the North American Free Trade Agreement (NAFTA), including the recommendation to preserve the ability of the United States to rigorously enforce its trade...
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.