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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“Top 20” Lumber Producers Report Indicates Renewed Industry Optimism
“Top 20” Lumber Producers Report Indicates Renewed Industry OptimismThe latest Wood Markets annual survey of the “top 20” Canadian and U.S. softwood lumber producers shows an uneven trend across North America for 2012: U.S. softwood lumber production increased 6.3% to...
U.S. Housing Starts Surge 27 Percent Above 2012 Rate
Housing starts in February rose 0.8% from January, to a seasonally adjusted annual rate of 917,000, the Census Bureau said Tuesday. The rate is 27.7% above February 2012. Single-family starts were running at a 618,000 annual rate, up 0.5% from January. In addition,...
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