U.S. Housing Starts Gain Momentum
U.S. housing starts picked up the pace in February, increasing 6.8% over January to a seasonally adjusted annual rate of 1.769 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 in February were at a rate of 1.215 million, up 5.7% over January, while multi-family starts (five units or more) were 501,000, up 0.8%.
The February numbers top any monthly numbers in 2022, when annual housing starts hit 1.6 million. Housing starts had dropped 4% in January from December.
Housing building permits were at a seasonally adjusted rate of 1.859 million, down nearly 2% from January. Single-family permits were 1.207 million, off 0.5%, while multi-family was 597,000, down 4.5% from January.
RELATED ARTICLES
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
Housing Starts Show Modest Decline In September
U.S. housing starts dipped slightly in September to a seasonally adjusted rate of 1.555 million, down 1.6% from August, but 7.4% above September 2020, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly…
Mellott Manufacturing Log Flare Butt Reducer
By customer request Mellott Manufacturing Co., Inc. is now offering the model 70E log flare butt reducer—designed and built with the same rugged quality as the LMR debarkers and all the Mellott product lines. Adding a log flare butt reducer to a mill infeed system will vastly reduce log handling problems…
Wood Fiber Group Merges With USNR
USNR and Wood Fiber Group have announced their merger. USNR is an industry-leading global supplier of sawmill and plywood mill machinery, aftermarket parts, and technical and engineering services. Wood Fiber Group is the largest supplier of cutting tools and filing room equipment to the wood products…
Industry Patriarch Varn Passes
George W. Varn, Sr., who broke into the family turpentine business following World War II, and then along with a cousin built a chip mill and a sawmill in the late 1960s in Hoboken, Ga., called Varn Wood Products, and who became one of the patriarchs of the southern pine lumber industry, died September 4 in St. Vincent’s Hospital in Jacksonville, Fla., the same hospital…
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.