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
WFP Positioning For The Future With First Step In Capital Plan
Western Forest Products Inc. recently announced the first project in their capital plan: a $16 million investment in the Saltair Sawmill. Western was joined by Steve Thomson, British Columbia’s Minister of Forests, Lands, and Natural Resource Operations, for the...
Lower Tariffs On Log Exports Due In Russia
Export tariffs on logs shipped from Russia, the world largest log supplier, are set to be reduced as the country becomes a member of the WTO, according to Wood Resource Quarterly. The proposed lower tariffs are not expected to increase export volumes to pre-tariff...
B.C. Lumber Exports To China Plummeting
British Columbia’s lumber exports to China are starting to fall rapidly, a startling reversal from the boom B.C. forest products companies enjoyed through most of 2011. The B.C. lumber industry is predicting additional growth in 2012, making the current situation is...
International Paper Completes Acquisition Of Temple-Inland
International Paper Company today announced that it has completed its acquisition of Temple-Inland, Inc. through the merger of its wholly owned subsidiary Metal Acquisition Inc. with and into Temple-Inland. Temple-Inland is now a wholly owned subsidiary of...
Cersosimo Lumber Knows Wood Energy
Cersosimo Lumber Knows Wood EnergyArticle by Rich Donnell, Editor-in-Chief, Timber Processing (2012) Two of the primary articles in this issue are somewhat related: the announcement of our 2012 Man of the Year and the preview of our upcoming Bioenergy conference. For...
Boise Cascade Acquires Washington Sawmill
Boise Cascade Acquires Washington SawmillBoise Cascade Wood Products recently announced it acquisition of the Stimson Lumber Company sawmill in Arden, Wash. The mill will become part of Boise Cascade's Inland Region, which includes mills in La Grande, Island City,...
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.