U.S. Housing Starts Show Significant Jump In September
U.S. housing starts increased 7% in September from August, coming in at a seasonally adjusted rate of 1.358 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 were at a rate of 963,000, up 3.2%, and multi-family starts were 383,000, up 17%.
Building permits were 1.473 million, 4.4% below August, though single-family was 965,000, up 1.8%, while multi-family permits were 459,000, down 14%.
Housing completions were at a rate of 1.453 million, 6.6% above August, with single-family at 998,000 completions, up 5.3%, and multi-family at 445,000, up 10.1%.
RELATED ARTICLES
U.S. Housing Starts Fall While Building Permits Rise
Single-Family Starts Lead U.S. Housing Rebound In July
Housing Starts Decline, But Still Steady
Housing Starts Come On Like Gangbusters
Housing Starts Increase In April
Single-Family Housing Starts Show Strength
U.S. Housing Starts Rebound In February
Latest News
Canfor Closures Causing Ripples
Canfor Closures Causing RipplesCanfor Corp., which announced in early September the closure of its Vanderhoof and Fort St. John sawmills in northern British Columbia, citing ongoing financial losses, weak lumber markets, and increased U.S. tariffs, said it remains...
Vermont Announces Business Loan Program
Vermont Announces Business Loan ProgramA new loan program from the Vermont Economic Development Authority (VEDA) is now available to support businesses in the state’s forest economy. Three million dollars in total financing can be provided in the form of loans up to...
Sierra Pacific Plants 300 Millionth Seedling
Sierra Pacific Plants 300 Millionth SeedlingSierra Pacific Industries reported the planting of its 300 millionth seedling on its timberlands this spring. “I wouldn’t have imagined 75 years ago when we started with no land and one very small sawmill that I would see...
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.