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
West Coast Log And Lumber Exports Decreased In Q1 2015
Log exports from Washington, Oregon, northern California, and Alaska totaled 272 million board feet in the first quarter of 2015, a decrease of nearly 16 percent compared to the fourth quarter of 2014, the U.S. Forest Service’s Pacific Northwest Research Station...
Lumber Prices Head Upward Along With Homebuilding
Prices for lumber futures contracts are beginning to rise, after drifting downward for months. China's building contraction and the winter hiatus knocked down prices, but they could jump dramatically, say analysts, as U.S. homebuilding surges. Lumber is traded in...
B.C.’s Lakeland Mills Explosion Deaths Ruled Accidental
B.C.’s Lakeland Mills Explosion Deaths Ruled AccidentalA coroner's inquest has ruled the deaths of two men at the Lakeland Mills explosion in Prince George, B.C, as accidental. Thursday's ruling includes 33 recommendations aimed at improving workplace safety and...
Interfor To Acquire Arkansas Sawmill From The Price Companies
Interfor To Acquire Arkansas Sawmill From The Price CompaniesInterfor Corporation recently announced that it has reached an agreement with The Price Companies, Inc. to acquire Price’s sawmill in Monticello, Arkansas. The Monticello Sawmill is located in Southern...
Welcome To The Anything-Can-Happen Southern Pine Industry
Welcome To The Anything-Can-Happen Southern Pine IndustryArticle by Rich Donnell, Editor-In-Chief, Timber Processing May 2015 Does it seem like a lot has happened in the southern pine sawmill industry since the SFPA Expo was held June 5-7, 2013 in Atlanta? Well, if...
Simpson Lumber Company Announces Washington Mill Closures
Simpson Lumber Company Announces Washington Mill ClosuresSimpson Lumber Company LLC delivered a blow to the city of Shelton, announcing that the company will close two mills, which will result in about 270 jobs lost. The closures are part of an asset sale agreement...
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.