New Residential Construction Statistics for August released

On Wednesday, the U.S. Census Bureau and Dept. of Housing and Urban Development released new residential construction statistics for August 2012.  Click HERE to read the full report.

• In August, privately-owned housing units authorized by building permits rose 24.5% over last year to 803,000.  Of that total, 263,000 were for buildings with five or more units.

• Privately-owned housing starts increased 29.1% to 750,000 (208,000 for units in buildings with five or more units).

• Privately-owned housing completions were 11.7% higher than last August (689,000).  Of that total, 193,000 were for buildings with fiver or more units.

This information, coupled with the recent price increase and limited availability of panel substrate (oriented strand board and plywood), supports positive growth in the overall housing construction.  Barrier is pleased that it appears housing demand is starting to increase again to support population growth.  We are hopeful that next fiscal year will result in a second consecutive year of increased shipment volume.

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