U.S. Housing Starts Rebound In February
U.S. housing starts brushed off a sluggish January and reached a seasonally adjusted rate of 1.45 million in February, up 9.8% over January. Single-family starts were 830,000, a percent above January, while multi-family (five units or more) were at 608,000, up a whopping 24% over January.
The uptick in February broke a four-consecutive monthly decline for the combined starts.
Building permits were at a rate of 1.524 million in February, nearly 14% above January. Single-family permits were 777,000, up 7.6%, and multi-family was 700,000, up 24.3%.
Housing completions were at a rate of 1.557 million in February, 12.2% above January, with single-family completions at 1.037 million, a percent above January, and multi-family completions at 509,000, a jump of 44.6% over January.
RELATED ARTICLES
U.S. Housing Starts Were Soft In January
U.S. Housing Starts Dipped Slightly In 2022
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
Stimson, IDL Agreement Protects Idaho Forest
Stimson, IDL Agreement Protects Idaho ForestA group including Stimson Lumber Co., the Idaho Dept. of Lands (IDL), and non-profit Trust for Public Land recently announced an easement agreement that will protect 10,846 acres of working forests in Bonner and Boundary...
SPONSORED CONTENT: McDonough Manufacturing — Family-Owned, Quality Over quantity
For over 135 years, McDonough Manufacturing has been the trusted name in band mills—not just because we build great equipment, but because we understand what sawmills need.
SPONSORED CONTENT: From Scrap to Solution: Vecoplan Processing Systems
Managing wood scrap and waste is a persistent and growing challenge for wood processors. Rising disposal costs, increasingly stringent sustainability requirements, and the inefficiencies caused by unused wood waste are placing significant pressure on businesses.
Mill Companies Announce Investments; Acquisitions; Sales
Mill Companies Announce Investments; Acquisitions; Sales Precisions Hardwoods Invests In Technology Upgrades Located in northern Michigan in the small town of Onaway, Precision Hardwoods is moving ahead on a $12 million expansion project that will boost production...
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...
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.