September 2011 Housing Starts - Great News for Multifamily construction
September housing stats were released...the good news is housing starts were up 15% over earlier projections...pushed by large increases in multifamily. The seasonally adjusted rate was 658,000 versus the analyst predictions of 590,000.
The main driving force in the increase...housing starts for buildings with two or more units up 51.3% to a 233,000 rate; while single-family home construction increased 1.7% to a 425,000 rate.
Starts grew in all regions...with the West leading with an increase of 18.1 and South following close behind with an increase of 15.7.
Barrier is excited to hear the release as it coincides with the uptick in sales volumes of Barrier products shipping out recently. Let's hope the growth continues...Fire rated sheathing, fire rated osb, fire rated plywood, fire resistant sheathing, fire resistant osb, fire resistant plywood, multifamily construction, small cap, otcbb, ibtgf, barrier, Blazeguard, Mycoguard, fire rated paint, intumescent paint, class a flame spread, class a wall assembly, class c wall assembly, mold resistant, mildew resistant, fire retardant plywood, fire retardant osb, fire retardant sheathing, frt, sips, fire rated structurally insulated panels, thermal barrier, fire rated wall assemblies, fire rated commercial modular roofing, fire rated modular construction, green building products, leed, electrical panel backer board, sips, wildfire protection, forest fire protection, non combustible exterior wall sheathing, ignition resistant exterior wall sheathing, ignition resistant eaves, non combustible eaves, ignition resistant soffets, non combustible soffets, esr-1365, wui approved, wui listed, California state fire marshal approved building materials, specified building product, architectural specifications, builders specs, LP® FlameBlock®, Party Wall, Wall Assembly, Pyrotite®, sheathing, OSB
The main driving force in the increase...housing starts for buildings with two or more units up 51.3% to a 233,000 rate; while single-family home construction increased 1.7% to a 425,000 rate.
Starts grew in all regions...with the West leading with an increase of 18.1 and South following close behind with an increase of 15.7.
Barrier is excited to hear the release as it coincides with the uptick in sales volumes of Barrier products shipping out recently. Let's hope the growth continues...Fire rated sheathing, fire rated osb, fire rated plywood, fire resistant sheathing, fire resistant osb, fire resistant plywood, multifamily construction, small cap, otcbb, ibtgf, barrier, Blazeguard, Mycoguard, fire rated paint, intumescent paint, class a flame spread, class a wall assembly, class c wall assembly, mold resistant, mildew resistant, fire retardant plywood, fire retardant osb, fire retardant sheathing, frt, sips, fire rated structurally insulated panels, thermal barrier, fire rated wall assemblies, fire rated commercial modular roofing, fire rated modular construction, green building products, leed, electrical panel backer board, sips, wildfire protection, forest fire protection, non combustible exterior wall sheathing, ignition resistant exterior wall sheathing, ignition resistant eaves, non combustible eaves, ignition resistant soffets, non combustible soffets, esr-1365, wui approved, wui listed, California state fire marshal approved building materials, specified building product, architectural specifications, builders specs, LP® FlameBlock®, Party Wall, Wall Assembly, Pyrotite®, sheathing, OSB
posted by Barrier at 10:04 AM
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