U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5% from March but 67% above April 2020 when the pandemic severely hit the housing construction market.
Single-family starts were 1.087 million in April, 13.4% below March and nearly 59% above April a year ago. Multi-family was 470,000 in April, up 4% from March and a whopping 98% above April a year ago.
Housing building permits were at a seasonally adjusted annual rate of 1.76 million in April, about the same as in March and 61% above April 2020. Single-family permits were 1.149 million in April, 3.8% below March. Multi-family permits in April were 559,000, 11% above March.
Evergreen Engineering announces the transition of its company leadership from President Gordon Yutzy to existing principals and partners, Justin Price and Danielle Daniels. Yutzy, who has served as president since 2009, will continue to serve as a principal and liaison for his longstanding clients as he prepares for…
U.S. housing starts increased 1.4% in December over November to a seasonally adjusted annual rate of 1.702 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. It’s also 2.5% above December 2020…
U.S. Dept. of Commerce issued its final determination in the second administrative review of softwood lumber imports from Canada, and revealed a combined anti-subsidy and anti-dumping duty rate of 17.9%, confirming yet again that Canadian imports are unfairly subsidized and traded into the U.S. market, according to the U.S. Lumber Coalition…
Oregon Mass Timber Coalition was named by the Economic Development Administration (EDA) as a finalist in the $1 billion Build Back Better Regional Challenge. The coalition was awarded $500,000 to create a strategy for a Mass Timber Modular Manufacturing Facility at Marine Terminal 2 in Portland…
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