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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B.C. Achieves Record Lumber Exports Goal
The province of British Columbia has set a new record that many believed to be unattainable. With lumber export sales of 4.28 billion board feet as of November, exports to China have already surpassed the province's 2008 goal of exporting four billion board feet in...
U.S., Canada Extend Softwood Lumber Agreement
A two-year extension to the 2006 Softwood Lumber Agreement (SLA) has been agreed upon, extending the program to October 2015 and granting stability to the volume softwood trade between the U.S. and Canada. The SLA was originally signed by the U.S. and Canadian...
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