U.S. Housing Starts Dip Slightly In November
U.S. housing starts (combined single-family and multi-family) showed a slight decline in November, coming in at a seasonally adjusted rate of 1.427 million, 0.5% below October, and 16.4% below starts in November 2021, 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 828,000, down 4.1% compared to October, and recording the third consecutive monthly decline; but multi-family came in at 584,000, up 4.8% over October.
Building permits declined 11.2% to 1.342 million, including a 7.1% drop in single-family to 781,000, and a 17.9% dip in multi-family to 509,000 compared to October.
Miramar Beach, Sandestin, Fla.
Housing completions in November were 1.490 million, an increase of 10.8% over October, including single-family completions at 1.047 million, up 9.5%, and multi-family completions at 430,000, up 16% from October.
RELATED ARTICLES
Housing Starts Continue Negative Pattern
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S Housing Starts Break Negative Pattern: Both Single-Family, Multi-Family Increase
U.S. Housing Starts Take Another Dip, Single-Family Declines For Fifth Straight Month
U.S. Single-Family Housing Starts Dip, But Multi-Family Shows Strength
Armor In Housing Starts Reveals Crack
Multi-Family Housing Continues Surge
Multi-Family Housing Takes Up Slack For March
U.S. Housing Starts Gain Momentum
New Year Brings In Housing Starts Dip
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
KDS Windsor Offers CDK Virtual Tour
KDS Windsor Offers CDK Virtual TourKDS Windsor is offering a virtual tour of a recently completed installation of its continuous dry kiln designed to deliver an annual production of 150MMBF at a sawmill in Greenville, NC. The CDK system incorporates KDS Windsor's...
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
The awards will be presented at the Association's Annual MeetingWestern 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...
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...
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.