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
Paint Your Wagon And Come Along
Paint Your Wagon And Come AlongArticle by Rich Donnell, Editor-in-Chief, Timber Processing March 2014 Sometimes we use this space simply to pat ourselves on the back for what we put into the current issue of the magazine. This is one of those times. Talk about a mix...
Klausner Lumber Florida Sawmill Construction Imminent
Klausner Lumber Florida Sawmill Construction ImminentKlausner Lumber One LLC could soon begin construction on a sawmill that will be located at the catalyst site in Northwestern Suwannee County. Meanwhile, improvements continue on county owned land at the catalyst...
West Coast Log And Lumber Exports Increased By 20 Percent In 2013
West Coast Log And Lumber Exports Increased By 20 Percent In 2013Log and lumber exports from Washington, Oregon, northern California, and Alaska increased by 20 percent in volume in 2013 compared to 2012, the U.S. Forest Service’s Pacific Northwest Research Station...
North American Lumber Producers Face Rail Transportation Nightmare
As brutal weather patterns continued across the most populated parts of North America, lumber and panel traders reported mostly flat prices on solid wood commodities, writes Keta Kosman, publisher of Madison's Lumber Reporter. Most commonly-traded dimensions...
Ainsworth Lumber And Louisiana-Pacific Enter Into Timing Agreements
Ainsworth Lumber Co. Ltd. and Louisiana-Pacific Corporation announced today that they have entered into timing agreements with each of the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice pursuant to which Ainsworth and LP have...
Global Demand For N.A. Hardwood Lumber Expands Faster Than Supply
North American hardwood lumber exports were quite strong in January. Chinese and Vietnamese demand was quite high despite the approach of the Chinese New Year and Tet holidays. Taiwanese demand also increased; and Japanese purchasing was steady. Even though shipments...
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.