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
Idaho Grant Helps College Train Woodworkers, Address Skill Gaps
North Idaho College has been awarded a $482,582 grant by the Idaho Department of Labor to train more than 200 workers in the wood products manufacturing industry. The two-year grant is a partnership with Lewis-Clark State College and five wood products manufacturing...
The Past Is Present
The Past Is PresentArticle by Rich Donnell, Editor-in-Chief, Timber Processing May 2017 I am excited to hear about Bruce Vincent’s new book, “Against The Odds,” about which there’s more detail on page 72. If you’ve been around this industry for a couple of decades or...
Washington Sawmill Restarts Production, Brings Back Jobs
It was about a year ago that the owners of Montesano’s Mary’s River Lumber mill on State Route 107 announced it would close. As a result, 38 people lost their jobs, the city lost revenue and the facility basically went idle. In the case of mills, when they shut down,...
Roseburg’s Allyn Ford Talks Forestry, Wood Products At Chamber Meeting
Though the timber industry has faced recent challenges, Allyn Ford of Roseburg Forest Products has a positive outlook for the future of forestry. Ford discussed the state of the wood products industry at a Roseburg Area Chamber of Commerce meeting Monday at the...
Oregon’s Rough & Ready Lumber Coming Down
The Rough & Ready Lumber mill that shut down last fall after 73 years in operation still has plenty of metal buildings and odd scrap metal lying around. But the guts are gone, said Link Phillippi, one of the mill’s owners. Workers Wednesday dismantled the boilers,...
Biewer Lumber Opens State-Of-The-Art Sawmill In Mississippi
Biewer Lumber Opens State-Of-The-Art Sawmill In MississippiIn recent years the operation of sawmills has changed significantly, replacing the manual labor of earlier generations with modern technology – evident at the new state-of-the-art lumber mill in Newton. The...
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.