Housing Starts Increase In May, Far Ahead Of One Year Ago
U.S. housing starts bounced back in May following a dip in April. Housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.572 million, a 3.6% increase over April and 50% above May 2020 when housing was still feeling the pandemic.
Single-family starts in May were at a rate of 1.098 million, a 4.2% increase over April and 50% over May a year ago. Multi-family in May was 465,000, up 4% from April and 53% over May 2020.
Housing building permits were at a seasonally adjusted annual rate of 1.681 million in May, 3% below April and 35% above May 2020. Single-family permits were at a rate of 1.13 million, down 1.6% from April. Multi-family permits in May were 494,000, down 7.7% from April.
RELATED ARTICLES
Housing Starts Gain Steam, Though Permits Show Slight Decline
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
Rich Bernhardt, Evergreen Engineering Co-Founder, Loses Cancer Battle
The co-founder of Evergreen Engineering, Richard Paul Bernhardt, died January 19 after a courageous four-and-a-half-year battle with pancreatic cancer. Bernhardt was born on February 15, 1950, in North Bend, Ore., graduated from Klamath Union High…
Combilift Fundraiser For UNICEF Has Lots Of Winners
The Combilift Fundraiser in support of UNICEF has officially come to an end. Total tickets purchased, for a chance to win the 100,000th Combilift truck, raised more than €56,000 with Combilift proudly topping up that…
John King Chains Celebrates 100th Year
John King Chains Group is celebrating its 100th anniversary in 2026. Established in Leeds, England in 1926, the enterprise began by producing plain pedestal bearings for coal mining pit tubs. Expansion came with the rapid…
SFI President & CEO Kathy Abusow To Retire
The Sustainable Forestry Initiative (SFI) has announced that President and CEO Kathy Abusow will retire in 2026, concluding an extraordinary career marked by visionary leadership. Abusow has led SFI through a period of significant expansion…
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.