Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.
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Skeena Sawmills Purchases GradeScan System
Skeena Sawmills has purchased a GradeScan with Perceptive Sight 2.0 from Lucidyne and Wolftek (Lucidyne’s Canadian distributor) for installation in their Terrace, BC planer mill. After closely watching the performance of Lucidyne’s GradeScan…
Housing Starts Dip, Permits Still Gain
Following two months of uptick, U.S. housing starts declined 7% in July from June, showing a seasonally adjusted rate of 1.534 million, which was 2.5% above July 2020, according to the U.S. Census Bureau and U.S. Dept. of Housing and…
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