U.S. Housing Starts Dipped Slightly In 2022
U.S. housing starts for 2022 came in at 1.553 million units, down 3% from 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 took the biggest hit, down 10.6% to 1.007 million, while multi-family (five units or more) increased 14.5% to 528.9 million.
The annual numbers followed the release of the December starts, which were 1.382 million, down 1.4% from November, though single-family increased 11.3% in December, while multi-family declined nearly 19%. The single-family jump in December followed three consecutive months of decline.
Building permits declined 1.6% in December from November to 1.33 million, with single-family falling 6.5% and multi-family increasing 7.1%.
Housing completions in December were at 1.411 million, down 8.4% from November, with single-family down 8%.
RELATED ARTICLES
U.S. Housing Starts Dip Slightly In November
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
Roseburg Personnel Changes At Dillard Lumber, Medford MDF, Riddle Plywood
Roseburg Personnel Changes At Dillard Lumber, Medford MDF, Riddle PlywoodRoseburg Forest Products has made key personnel decisions at three of its wood processing facilities in Oregon. Kendrick McBride returns to Dillard Lumber in Roseburg, Ore., to serve as plant...
7robotics Promotes Joey Koenig To President
7robotics Promotes Joey Koenig To President7robotics has promoted Joey Koenig to President, effective January 1, 2025. Since joining the company in September 2021, Koenig has been instrumental in transforming 7robotics from a startup into a recognized player in the...
New California Sawmill Receives Boiler Grant
New California Sawmill Receives Boiler Grant A new sawmill in Truckee, Calif. that was approved by county officials in October recently received a $1.5 million grant from the Sierra Nevada Conservancy (SNC) for the purchase of a second wood-fired boiler at the...
New OSB Project In Alabama Gains Permitting
New OSB Project In Alabama Gains PermittingPeak Renewables U.S. Inc. has received required permitting for the construction and operation of a greenfield 650MMSF oriented strandboard plant in Enterprise (Coffee County), Ala. Last February, the Enterprise City Council...
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.