New Year Brings In Housing Starts Dip
U.S. housing starts dropped 4.1% in January 2022 from December to a seasonally adjusted annual rate of 1.638 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 January were at a rate of 1.116 million, 5.6% below December, while multi-family (five units or more) starts were 510,000, down 2.1% from December.
U.S. Census Bureau now reports that 2021 housing starts came in at 1.597 million, with single-family at 1.125 million, compared to 1.379 million and 990,500, respectively, in 2020
The January starts decline followed three consecutive months of increase.
Housing building permits were at a seasonally adjusted rate of 1.899 million, less than a percent above December, though single-family at 1.205 million was 6.8% above December. Multi-family permit rate was 629,000, down nearly 9% from December.
RELATED ARTICLES
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
Ransford Automates Post-Pointing Line
Charles Ransford & Son is a producer of British timber products operating on a 38 acre site at Bishops Castle in Shropshire, with fencing and landscaping products represent the lion’s share of its production. The 55 employees work on a single shift, dealing predominantly with redwood.
Robbins Lumber Lists Hancock Sawmill Site For Sale
Robbins Lumber has listed its 100-acre sawmill complex in Hancock, Maine for sale with a price of $2.5 million. This site was acquired from Pleasant River Lumber in 2023 by Robbins. Included in the property sale are kilns, a planer mill, truck scale and a 42,000 sq. ft. sawmill with an attached machine shop. The property also includes a fully leased apartment building.
Roseburg Names Orozco To Direct Strategic Business
Roseburg has annouced that Nadine Orozco has been promoted to Director of Strategic Business Development. She has served as manager of strategic business development since 2022, and has been deeply involved in key company projects, including the recent sale of Roseburg’s Simsboro, La., particleboard plant to Kronospan and the company’s historic $700 million investment in Oregon manufacturing.
Kalesnikoff Announces New Mass Timber Plant
Kalesnikoff Mass Timber announced it will build a $34 million mass timber facility in West Kootenays, British Columbia. It will create up to 90 jobs.
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.