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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Lumber Prices Headed Higher Amid Canada-U.S. Trade Dispute
A mini-trade war between the U.S. and Canada is set to send lumber prices higher. At issue is the price Canadian foresters charge to cut down a tree, which is known as stumpage. The Canadians charge less than their U.S. counterparts, explains Kevin Mason, managing...
Ehinger, Fery, Whelan Left Their Marks
Article by Rich Donnell Editor-in-Chief The last time I spoke with Paul Ehinger was four years ago. He called and wanted to know how he could get a copy of a book my small company, The Donnell Group, had published a couple of years earlier on the former Coe...
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