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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Global Lumber Outlook For 2014: Market Prospects Look Good
The outlook for global lumber markets hinge on demand forces in the key consuming regions of the world. More specifically, it will be the lumber demand trends in the U.S., China and Western Europe that will shape global markets in 2014 and beyond. The following...
U.S. Lumber Sector Stable As Housing Starts Pass 1 Million Mark
Market stability is returning for manufacturers, distributors, and sellers of North American forest products as U.S. housing starts have now found a floor, writes Keta Kosman in Madison's Lumber Reporter. As of November 2013, housing starts in the U.S. passed the 1...
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