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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Study: Wooden Buildings Are Cheaper And Cleaner
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Although it may seem counter-intuitive, it would be better if we built buildings from wood than from concrete, brick, aluminum and steel. We use millions of tons of these modern materials…
U.S. Exports Of Logs And Lumber Continue Slide
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); U.S. exports of logs and lumber via ocean container declined year-over-year in January for the fourth consecutive month, partly because of declining demand from China and unfavorable exchange rates. After growing…
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