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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Canada, U.S. Far Apart On Softwood Lumber
Canada, U.S. Far Apart On Softwood LumberWith a fall deadline approaching, Canada's chief negotiator in the softwood lumber talks with the United States says the two sides remain far apart on several key issues. Martin Moen told a parliamentary committee on Thursday...
Weyerhaeuser To End Production At Montana Mills This Week
Seventy years of lumber production will come to an end this week when the Weyerhaeuser Company starts to shut down its lumber and plywood mills in Columbia Falls. Weyerhaeuser Montana Resources Team Leader Tom Ray said lumber production will end Aug. 19, although some...
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