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
Softwood Lumber Board Updates Board Members
Secretary of Agriculture Tom Vilsack has reappointed George Emmerson, J.D. Hankins II, Brian Luoma and Brad Thorlakson to serve second terms on the Softwood Lumber Board (SLB) Board of Directors. He has also appointed past Director Marc…
PLIB Partners With TP&EE
Hatton-Brown Expositions and Pacific Lumber Inspection Bureau announce that PLIB will participate in the Preferred Partner program with Hatton-Brown’s Timber Processing & Energy Expo (TP&EE), which will be held September 28-30 at the Portland Exposition Center in Portland, Ore…
Pres-To-Logs Has History Of Its Own
Article by Rich Donnell, Editor-in-Chief, Timber Processing April 2022 – The story in this issue on North Idaho Energy Logs, written by David Abbott, caught my attention at the mention of Pres-to-logs. Much of the Idaho company’s success in wood energy markets is because of its energy logs or fire logs composed of…
BC Harvesting Deferrals Kick In
No harvesting will be allowed on nearly 1.7 million hectares (4.2 million acres) of old-growth in British Columbia as the province and First Nations throughout it develop a new approach to sustainable forest management. “Our government’s new vision for forestry is one where we better…
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.