U.S. Housing Starts Hit A High Note
U.S. housing starts soared in March 2021, with both single-family and multi-family starts contributing to the boom, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Combined starts in March were at a seasonally adjusted annual rate of 1.739 million, a whopping 19.4% above February and 37% above March a year ago when the pandemic struck.
Single-family starts in March were at an annual rate of 1.238 million, 15.3% above February and nearly 41% above March 2020. Multi-family starts were 477,000 in March, a 30% jump over February and 27% above March 2020.
Housing starts had dipped in January and February, following four consecutive months of growth to round out 2020.
U.S. housing building permits were 1.766 million in March, 2.7% above February and 30.2% over March 2020. Single-family permits were 1.199 in March, 4.6% above February and 35.6% over March 2020.
RELATED ARTICLES
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 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
Alabama Wildlife Federation, The Westervelt Co. Unveil “Westervelt Forest”
Representatives of the Alabama Wildlife Federation (AWF) and The Westervelt Co. unveiled “Westervelt Forest” with a ribbon cutting on December 6. The seventy-acre working forest and wildlife demonstration area, located at AWF State Headquarters in Millbrook, Ala…
Hampton Creates New College Tech Endowment
Hampton Lumber & Family Forests is pleased to announce the creation of a Hampton Lumber Scholarship endowment for Tillamook Bay Community College (TBCC). The endowment will provide scholarships for students in TBCC’s forestry and manufacturing and industrial technology (MIT) programs…
USNR Gains Foraction Chile Order
USNR has announced the order of a complete sawmilling system to the Chilean company Foraction Chile. This highly advanced production line is designed to process radiata pine and will be installed at a greenfield site in the Los Rios region, about 800 km south of Santiago…
KDS Windsor, The New York Blower Co. Open New Manufacturing Plant
KDS Windsor, Lumber Drying Technologies, (KDS) and The New York Blower Co. (NYB) have recently announced they are expanding manufacturing operations in Philadelphia, Miss. This joint venture is one of many investments in growth the past few years…
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.