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 Salem Unveils New Website
West Salem Machinery (WSM) has announced the launch of its newly redesigned website, www.westsalem.com, aimed at modernizing the user interface and making valuable information more intuitive and accessible. The updated website reflects WSM’s commitment to…
Weyerhaeuser Continues THRIVE Program
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Weyerhaeuser has announced a commitment to invest $1 million in Raymond, Wash., through the company’s THRIVE program, which was launched in 2023 to provide targeted assistance to five of its rural…
Two More Oregon Mills Go Down: Malheur, W. Cascade Closures
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Two more Oregon sawmill operations have announced imminent closures, extending a run of bad news that began earlier this year and the announcements now make seven mills in the state that…
NHLA Receives Second Grant From Forest Service
National Hardwood Lumber Assn. (NHLA) is proud to announce that it has beenawarded its second $500,000 matching grant from the USDA Forest Service Wood Innovations Program. “We appreciate the USDA Forest Service for recognizing the…
Canfor Announces Transition; Yurkovich Becomes CEO
John Baird, Chairman of the Canfor Corp. Board of Directors, announced today that Don Kayne, President and Chief Executive Officer, plans to retire at the end of the year. Susan Yurkovich has been announced as…
AWC Will Receive $6 Million Grant
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); American Wood Council (AWC) has been selected for a $6 million grant from the Environmental Protection Agency (EPA) to increase transparency in the U.S. wood product industry by further developing Environmental…
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.