U.S. Housing Starts Fall While Building Permits Rise
U.S. housing starts fell in August from July, at a seasonally adjusted rate of 1.283 million, down 11.3%. Single-family starts were at a rate of 941,000, 4.3% below July, while multi-family starts were the primary culprit at 334,000, down 26.3%, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Housing starts had increased 4% in July over June, with single-family increasing 6.7% in July over June.
Building permits in August were 1.543 million, almost 7% above July. Single-family permits were 949,000, 2% above July, and multi-family was 535,000, up nearly 15%.
RELATED ARTICLES
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
Latest News
Auburn University Announces Agenda For CLT Conference
Auburn University Announces Agenda For CLT ConferenceThe Auburn University College of Forestry, Wildlife and Environment (CFWE) has unveiled its roster of speakers and conference agenda for the upcoming 2024 cross-laminated timber (CLT) conference to be held this...
Besse Forest Products Closes Three Veneer, Lumber Operations
Besse Forest Products Closes Three Veneer, Lumber OperationsOfficials with Michigan-based Besse Forest Products recently announced the closure of three plants in Wisconsin that will result in more than 130 employees being laid off. The mills affected are Goodman...
West Salem Unveils New Website
West Salem Machinery (WSM) has announced the launch of its newly redesigned website, www.westsalem.com, aimed at modernizing the user interface and making valuable information more intuitive and accessible.
Weyerhaeuser Continues THRIVE Program
Weyerhaeuser Continues THRIVE ProgramWeyerhaeuser has announced a commitment to invest $1 million in Raymond, Wash., through the company's THRIVE program, which was launched in 2023 to provide targeted assistance to five of its rural operating communities. Through the...
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.