Single-Family Housing Starts Rise Again
U.S. housing starts reached a seasonally adjusted rate of 1.415 million in September, a 1.9% increase above August and an 11.1% increase over September 2019. Single-family starts carried the day at 1.108 million in September, a whopping 8.5% above August and 22.3% over September 2019.
Single-family starts have increased for five consecutive months, since hitting a low ebb of 679,000 during the onslaught of the pandemic in April.
Multi-family starts, however, continued a downward swing in September, at 295,000, 14.7% decline from August.
Building permits in September were 1.553 million, a 5.2% jump over August and 8.1% increase compared to September 2019.
Latest News
Norbord Riding The Rising Wave Of OSB Sales
For years, it was known as the ugly duckling, cheaper alternative to plywood. One design maven described it as “like the turkey loaf of building...
Oregon Buildings Get $200K To Test Cross-Laminated Timber
Projects in Springfield and Portland have landed a collected $200,000 as leaders test the viability of cross-laminated timber. The funding, awarded...
APA Report: How Strong Tornadoes Damage Homes
On Dec. 26, 2015, the first EF4 or stronger tornado ever recorded in December in Texas made landfall in Garland and Rowlett, suburban towns near...
Log Shortage Blamed For Weyerhaeuser Plywood Mill Shut Down
Weyerhaeuser plans to permanently close its lumber mill and plywood mill in Columbia Falls, Montana, by the end of the summer. It will also close...
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!