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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How CLT Could Change The U.S. Building Landscape
Project teams looking for building materials and systems with a lower environmental impact are increasingly eyeing wood — specifically cross-laminated timber (CLT), a type of mass timber that, research has shown, rivals concrete and steel in performance but has a...
Canfor Corp. Eyes U.S. Acquisitions Amid Lumber Duty Dispute
Canfor Corp., one of the world’s largest forestry companies, sees potential acquisition opportunities in the U.S. South as smaller companies struggle in the wake of carnage left by new softwood lumber duties. “We’ve got an appetite for [mergers and acquisitions],”...
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