Multi-Family Housing Takes Up Slack For March
U.S. housing starts edged higher in March, increasing 0.3% to a seasonally adjusted rate of 1.793 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts in March were at a rate of 1.2 million, 1.7% below February, while multi-family starts (five units or more) were 574,000, up 7.5% compared to February.
Housing building permits were at a seasonally adjusted rate of 1.873 million in March, 0.4% above February. Single-family permits were 1.147 million, 4.8% below February, and multi-family was 672,000, up nearly 11% over February.
2021 U.S. actual housing starts ended at 1.601 million, following 1.380 million in 2020.
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Registration is now available for the 2024 Western Wood Producers Assn. (WWPA) Annual Meeting. The meeting will be held at the Hotel Indigo in Vancouver, Wash., April 14-16. To register for the event visit, https://www.wwpa.org/about-wwpa/annual-meeting. To take advantage of the group rate, visit the Hotel Indigo website, and use group code WWP. The deadline for the group rate is March 14, or until the room block is sold out…
WWPA Opens Annual Meeting Registration
Registration is now available for the 2024 Western Wood Producers Assn. (WWPA) Annual Meeting. The meeting will be held at the Hotel Indigo in Vancouver, Wash., April 14-16. To register for the event visit, https://www.wwpa.org/about-wwpa/annual-meeting. To take advantage of the group rate, visit the Hotel Indigo website, and use group code WWP. The deadline for the group rate is March 14, or until the room block is sold out…
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