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
Riverside Seeks To Open Washington Mill Facility
Riverside Seeks To Open Washington Mill FacilityMore than a decade after another mill closed at the same site in the Forks, Wash. industrial park, Canada-based Riverside Industries is planning to invest $12 million and open a sawmill facility and potentially a new...
SPONSORED CONTENT: From Scrap to Solution: Vecoplan Processing Systems
Vecoplan is at the forefront of this transformation, providing advanced shredders and chippers that are specifically engineered to convert wood waste into high-value resources.
Proposed California Pellet Mills Refocusing
Proposed California Pellet Mills RefocusingNumerous environmental groups are gleefully self-praising over the announcement that Golden State Natural Resources (GSNR) is backing away from building two large industrial wood pellet mills in California—a mill in the...
Rayonier Fights City Of Fernandina Beach Over Bioethanol Production
Rayonier Fights City Of Fernandina Beach Over Bioethanol ProductionRayonier Performance Fibers, LLC (also known as RYAM or Rayonier Advanced Materials) has filed lawsuits against the city of Fernandina Beach, Fla. and the board of City Commissioners for what Rayonier...
Western Forest Products Columbia Vista Mill Sustains Major Fire Damage
Western Forest Products Columbia Vista Mill Sustains Major Fire DamageLongtime lumber producer Columbia Vista in Vancouver, Wa. sustained major damage in a July 6 fire that has left the mill completely inoperable. According to firefighter reports, a fire started in...
Forisk Promotes Amanda Lang To President & COO
Forisk Promotes Amanda Lang To President & COO Forisk Consulting, a leading provider of forestry industry analytics and research, has announced further growth and updates to its leadership team. Amanda Lang has been promoted to President & Chief Operating...
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.