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
Oregon’s Zip-O-Log Mills Celebrates 80th Anniversary
Oregon’s Zip-O-Log Mills Celebrates 80th Anniversary Zip-O-Log Mills, Inc., a proud member of the Pacific Northwest lumber industry, is celebrating its 80th anniversary in 2024. This significant milestone marks four generations of dedication to quality, innovation,...
Element5 Chooses Pinomatic For Glulam Expansion
Element5 Chooses Pinomatic For Glulam Expansion Pinomatic is delivering a glulam line and sorting line infeed to the Element5 mass timber facility in St. Thomas, Ontario. The project delivery in North American market represents yet another big step for Pinomatic,...
Progress Industries No-Slot Chipper
Progress Industries No-Slot Chipper The Progress Industries “No-Slot” chipper is the newest addition to a growing line of wood utilization equipment. The “No-Slot” chipper is a combination of old principles and new ones. It is a new concept, which incorporates years...
Arizona Operation Gains Funding
Arizona Operation Gains Funding Restoration Forest Products Group, which previously operated as New Life Forest Products and before that as Good Earth Power, reported earlier this year it has received $95 million in additional financing from funds managed by Invesco...
Zip-O-Log Mills Celebrates 80 Years
Zip-O-Log Mills Celebrates 80 Years Zip-O-Log Mills, Inc., a cornerstone of the Pacific Northwest lumber industry, proudly announces its 80th anniversary. This significant milestone celebrates four generations of dedication to quality, innovation, and exceptional...
Portland Show Will Honor Andy Pollard
Portland Show Will Honor Andy Pollard Timber Processing & Energy Expo (TP&EE) will officially present the Timber Processing 2024 Person of the Year Award to Andy Pollard of Pollard Lumber on Wednesday afternoon, September 25, which is the first day of 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.