Housing Starts Dip, Permits Still Gain
Following two months of uptick, U.S. housing starts declined 7% in July from June 2021, showing a seasonally adjusted rate of 1.534 million, which was 2.5% above July 2020, 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 an annual rate of 1.11 million, down 4.5% from June, but up 11.7% over a year ago. Multi-family (five units or more) came in at 412,000, down 13.6% from the previous month and down 16.3% from a year ago.
Housing building permits were at a seasonally adjusted rate of 1.635 million in July, 2.6% above the previous month, and 6% over a year ago. Single-family permits came in at 1.048 million, down 1.7% from June and up 5.5% from the same period last year. Multi-family reached 532,000 in July, up 11.1% over the previous month and ahead of last year by 6.4%.
RELATED ARTICLES
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
Mercer Launches ‘Growing Forests – Growing A Future’ Program
Mercer had announced the launch of a program supporting forest owners in Germany, called “Growing Forests – Growing A Future.” Mercer Holz, the wood purchasing arm of Mercer, is committed to partnering with forest owners in Germany to sustain the longevity of their forests…
Arxada Teams With ICONX
Arxada and ICONX Chemicals, in partnership with service provider Zee Water & Energy, announced a new distribution partnership for AntiBlu and Mycostat products in the Eastern half of the U.S. Arxada’s antisapstain chemicals, including anti-mold and anti-fungals, brighteners, and defoamers, bring cleaner and brighter wood to the marketplace and protect the value of…
Greentree Upgrades Primary Breakdown
Cleereman Industries/Cleereman Controls in cooperation with RTM Industrial Maintenance LLC recently carried out an extensive project at Greentree Forest Products, owned by Greg Wells, in Wallingford, Ky. The RTM crew removed the old carriage line that Greentree had run for 27 years, an LP-42 Cleereman carriage, and replaced it with a new one. Wells decided that as long as he was…
Georgia-Pacific Contributes To Atlanta CLT Project
Georgia-Pacific is partnering with Jamestown, SmartLam North America and the Georgia Forestry Foundation to support construction of the first Georgia-grown mass timber project, 619 Ponce. Delivery of the first beams arrived at Ponce City Market in Atlanta where vertical construction began on the four-story mass timber loft office building…
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.