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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Fire Burns Idaho Lumber Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Fire erupted at a sawmill along U.S. Highway 95 Wednesday morning, sending plumes of black smoke into the air and suspending operations as firefighters arrived. There were no reports of injuries.…
Canadian Officials See Outline Of New Softwood Lumber Deal
Foreign Affairs Minister Chrystia Freeland says the outlines of a deal with the United States to resolve the softwood lumber dispute are in place. But she can’t predict whether the persistent trade irritant will be…
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