U.S. Housing Starts Continue Upward Trek
U.S. housing starts in October increased 2% from September to a seasonally adjusted rate of 1.372 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 were at a rate of 970,000, about even with September, while multi-family starts were 382,000, an increase of 5%.
Building permits were 1.487 million, up a percent over September, with single-family at 968,000, a half percent increase, and multi-family was 469,000, an increase of 2.2%.
Housing completions were at an annual rate of 1.410 million, down 4.6% from September, with single-family at 993,000, a percent below September, and multi-family at 408,000, a decrease of 12.6%.
RELATED ARTICLES
U.S. Housing Starts Show Significant Jump In September
U.S. Housing Starts Fall While Building Permits Rise
Single-Family Starts Lead U.S. Housing Rebound In July
Housing Starts Decline, But Still Steady
Housing Starts Come On Like Gangbusters
Housing Starts Increase In April
Single-Family Housing Starts Show Strength
U.S. Housing Starts Rebound In February
U.S. Housing Starts Were Soft In January
U.S. Housing Starts Dipped Slightly In 2022
Latest News
JoeScan Adds Technology & Process Improvement Manager
JoeScan Adds Technology & Process Improvement ManagerJoeScan, a sawmill scanning technology provider, has announced the appointment of Joseph Elliott to the newly created role of Technology & Process Improvement Manager. In this position, Joseph will spearhead...
GP Shakes Up Operations Leadership
GP Shakes Up Operations Leadership Georgia-Pacific has changed its operations leadership. Jeff Koeppel, senior vice president of operations, will retire in the first quarter of 2025. A role he has held since 2016, Koeppel’s been a critical part of the transformation...
2025 WWPA Master Lumberman Nominations Open
2025 WWPA Master Lumberman Nominations OpenWestern Wood Producers Assn. (WWPA) has opened nominations for the 2025 Master Lumberman honors. The awards will be presented at the Association's Annual Meeting on April 14, 2025. Master Lumberman is the industry's highest...
Spruce Products Ltd. Goes With Valutec TC Continuous Kiln
Spruce Products Ltd. Goes With Valutec TC Continuous KilnAt a time when low-cost mass production solutions are the norm, it’s worth remembering why custom products from specialized companies will always have their place. When sawmill plant manager Rod Pidskalny and...
Burton Acquires Industrial Cutting Tools
Burton Acquires Industrial Cutting ToolsBurton Mill Solutions announced its acquisition of Industrial Cutting Tools (ICT) of Quitman, Ga. ICT specializes in reconditioning cutting tools for sawmill, chip, and pellet operations throughout the Southeastern U.S. The...
Rosboro Advances With Glulam
Rosboro Advances With GlulamMajor glulam producer Rosboro Co. named several primary suppliers for its upcoming $100 million-plus expansion project in Springfield, Ore. The investment includes a lamstock planer mill, expanded dry kiln capacity and a new glulam plant....
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.