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
TP&EE Includes Two Conferences
Timber Processing & Energy Expo, which will be held September 28-30 at the Portland Exposition Center in Portland, Ore., will include two conferences: Sawmill Productivity & Efficiency; and From Forest to Frame: Mass Timber Developments.
The seventh TP&EE will spotlight 150 machinery and technology exhibiting companies catering to the lumber and engineered wood products sectors. Held every other year, it was cancelled due to the pandemic in 2020…
You Can’t Miss Big Number 44
Article by Rich Donnell, Editor-in-Chief, Timber Processing August 2022 – You’ll notice on the cover of Timber Processing August 2022 that this issue represents the 44th Annual Lumbermen’s Buying Guide. I knew we were putting another Buying Guide together but it didn’t really make its presence felt until I saw…
Canfor To Build Greenfield Facility In Alabama
Canfor Corp. has announced it will invest approximately $210 million USD to build a new, state-of-the-art sawmill complex in Mobile, Ala. Using leading technology from The BID Group, the new sawmill will have an annual production capacity of 250MMBF on a two-shift basis and will provide a…
Wood Fiber Group Is Now Burton Mill Solutions
Burton Mill Solutions is the new name for the Wood Fiber Group and combines the biggest names in sawmill cutting tools and filing room automation technology, including Simonds International, Burton Saw & Supply, BGR Saws, Cut Technologies, U.S. Blades, Armstrong, and Wright Machines…
U.S. Housing Starts Take Another Dip, Single-Family Declines For Fifth Straight Month
U.S. housing starts, both single-family and multi-family, took a hard hit in July, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
New Cleereman Optimized Edger Hits The Mark
Cleereman Industries/Cleereman Controls, which introduced their edger line in the spring of 2021, reports the installation of seven edgers and has sold more than 30. Jay Glime of G&G Lumber in Florence, Wis. and Jon Ritcher of Shamco Lumber in Iron River, Mich. both replaced existing manual edgers with Cleereman optimized edgers. Both of these mills average more than 40MBF per day with Cleereman optimized carriage lines…
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.