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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Weyerhaeuser Joins International Voices In Support Of Forest Certification
Weyerhaeuser Company this week joined 25 of the world's leading forest products companies in announcing the need to significantly scale up sustainable forest management. Weyerhaeuser and the 25 other members of the World Business Council for Sustainable Development...
North American Lumber Prices Surge As Sawmills Run Short
Worldwide demand for North American hardwoods climbed faster than supply in October and lumber prices followed suit. Many concentration yards were low on both kiln-dried lumber to sell and green lumber to put in dry kilns. The sales manager for one exporting company...
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