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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Softwood Lumber Prices Back On The Rise
Softwood lumber prices in the US and Canada are back on the rise as an improving housing market in the US has fed through to higher levels of demand and Canadian exports of softwood lumber to China are booming, the latest report has found. In its January 2013 edition...
University Of Kentucky Project: Potential In Connecting Carbon Credits To Hardwood
The University of Kentucky's Department of Forestry has completed a project to help hardwood sawmills determine the feasibility of increasing revenues by selling carbon credits tied to their role in producing long-lived wood products that store carbon. Previously, the...
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