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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California Lumber Tax Dropped
California Lumber Tax DroppedA proposed 1% additional sales tax on selected lumber products that was part of Governor Jerry Brown’s attempt to close a state budget gap has been dropped, much to the relief of California LBM dealers. The tax pitted retail lumber sellers...
Sustainable Northwest Wood Debuts Dramatic New ‘Blue Pine’
A new stock of distinctively hued pine has arrived at Sustainable Northwest Wood. The Portland depot for sustainably harvested wood is now stocking Campground Blue Pine, a salvaged wood with a story to tell. Blue pine, sought after by designers for its often dramatic...
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