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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Housing Boom Spurs Canada Lumber Surge As U.S. Mulls Import Duty
With Americans buying more new homes than at any time since the recession, the cost of the wood used to build them is rising. Lumber prices are off to their biggest rally in more than a decade, touching a 19-month high last week as demand increased from builders. But...
Some People Did Know Everything
Some People Did Know EverythingArticle by Rich Donnell, Editor-in-Chief, Timber Processing, August 2016 As this issue’s article on the Swanson Group upgrade of its sawmill in Roseburg, Ore. makes quick mention of, there’s a lot of history at that site, which was the...
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