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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.

Latest News

MiCROTEC Appoints New Corvallis CEO

MiCROTEC has announced the appointment of Ofer Heyman as its new Chief Executive Officer in Corvallis, Ore. Heyman brings a wealth of experience and a background in the industry, making him a valuable addition to the MiCROTEC team…

SPI Names Robert Hoover Vice President Of Resources

Sierra Pacific Industries (SPI) has named Robert Hoover Vice President of Resources, effective Jan. 1, 2024. He will work with SPI’s team of professionals who sustainably manage the company’s 2.4 million acres of timberlands and provide a steady log supply for the company’s sawmills. Hoover is assuming this role following the retirement of Dan Tomascheski at the end of the year…

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