U.S. Housing Starts Show Big Increase

U.S. housing starts in June increased more than 17% over May to an annual rate of 1.186 million, with both single family housing starts (831,000) and multi-family housing starts (350,000) showing big increases, according to the U.S. Census Bureau monthly report.

Housing starts performance in June continues a bounceback from the low of 934,000 starts in April following the onslaught of the pandemic. The June 2020 number is only 4% below June 2019.

Latest News

Next Xylexpo To Be Held In 2022

The Board of Cepra-Centro promozionale Acimall, orgaziners of Xylexpo, speaking through its president Lorenzo Primultini, officially canceled the 2020 show on July 6, 2020. Initially scheduled for late May in Milan, Italy, Xylexpo was first…

TP&EE Announces Cancellation

Organizers of the Timber Processing & Energy Expo announced the cancellation of the event, which was scheduled for September 30 to October 2 at the Portland Exposition Center in Portland, Ore…

Ashton Lewis Acquires W.T. Jones & Sons

Ashton Lewis Holding Co., an affiliate of major treater Great Southern Wood, has acquired the family-owned W.T. Jones & Sons, Inc. southern pine sawmill in Ruther Glen, Va., and is planning to invest $11 million in the facility…

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