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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Pedal To The Metal
Story by Dan Shell, Managing Editor Easing into the second half of 2013, lumber markets reflect a housing industry giving off very mixed signals. Lumber producers have enjoyed a surge in prices beginning in fall 2012 that have essentially led to a solid year of...
Hawaii Lumber Industry Sees Strong Growth Ahead
Strong growth in the Hawaii lumber industry is predicted as construction activity is picking up locally and across the nation, said Ken Laughlin, president of the Hawaii Lumber Products Association. “The lumber industry is about to take off as demand and production...
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