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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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…
Conifex Timber Announces Acquisition Of Lignum Forest Products
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Conifex Timber Inc. today announced that it has entered into a definitive purchase agreement to acquire Lignum Forest Products LLP, a private partnership which operates a lumber marketing and distribution business.…
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