Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5% from March but 67% above April 2020 when the pandemic severely hit the housing construction market.
Single-family starts were 1.087 million in April, 13.4% below March and nearly 59% above April a year ago. Multi-family was 470,000 in April, up 4% from March and a whopping 98% above April a year ago.
Housing building permits were at a seasonally adjusted annual rate of 1.76 million in April, about the same as in March and 61% above April 2020. Single-family permits were 1.149 million in April, 3.8% below March. Multi-family permits in April were 559,000, 11% above March.
RELATED ARTICLES
Housing Starts Increase In May, Far Ahead Of One Year Ago
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
NewLife Gains Full Production
NewLife Forest Restoration has ramped up production at its new engineered wood products plant in Bellemont, Ariz., while also increasing forest restoration work in service of its 4 Forest Restoration Initiative (4FRI) Phase 1 Forest Service stewardship contract that seeks to thin and treat…
Labor, Materials Issues Cause Project Delays
The same labor availability issues that have plagued forest products manufacturers since the COVID pandemic began are also plaguing builders as the economy seeks to rebound. According to a survey of more than 2,000 construction companies…
Mercer Purchases Katerra CLT Facility
Mercer International Inc., a global forest products company based in Vancouver, BC, reported it received approval from the applicable Bankruptcy Court for the purchase by its subsidiary, Blue Varsity, of the cross-laminated timber…
Sierra Pacific Buys Oregon’s Seneca
Sierra Pacific Industries (SPI) is acquiring Oregon-based Seneca and affiliates, combining two family-owned forest products businesses with strong historical roots on the West Coast. Founded in 1953, Seneca operates a 175,000 acre…
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.