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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Lucidyne Transverse Scanner
Microtec’s recent acquisition of Lucidyne creates a significant global lumber scanning portfolio. Microtec has demonstrated success across a range of scanning solutions and Lucidyne’s GradeScan is a gold standard for lineal scanning….
Housing Starts Finish Year With A Bang
U.S. housing starts, thanks to the single-family market, finished 2020 on a surge, with December housing starts at a seasonally adjusted rate of 1.669 million, a 5.8% increase over November and 5.2% increase compared to December…
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