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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U.S. Export Duties On Canadian Lumber To Cause Market Chaos, Soaring Prices
In WOOD MARKETS’ new five-year Softwood Lumber Chapter forecast, U.S. duties on Canadian lumber exports to the U.S. are expected to cause short-term chaos after they are announced in early Q2/2017. This new development alone completely changes all previous outlooks as...
Freres Lumber Unveils MPP, Adding Plant In 2017
Freres Lumber Unveils MPP, Adding Plant In 2017Capitalizing on the current interest in building large-scale wooden buildings and more multi-story wooden structures, longtime Oregon plywood and veneer producer Freres Lumber has introduced the “Mass Plywood Panel”...
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