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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Serious About Addressing Climate Change? Build With Wood
In North America, the building sector accounts for about 37% of carbon dioxide (CO2) emissions. That represents a tremendous opportunity to reduce climate change by building more, and specifically taller, wooden buildings. A recent study by a team of scientists from...
Global Lumber Industry On Pace For A Record-Breaking Year
Global softwood lumber production is on pace to break the record set in 2015. That production is being driven in large part because the top 10 importing countries increased lumber imports during 2016’s first quarter. Global production is up 20% in the year’s first...
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