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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NHLA Receives Second Grant From Forest Service
National Hardwood Lumber Assn. (NHLA) is proud to announce that it has beenawarded its second $500,000 matching grant from the USDA Forest Service Wood Innovations Program.
Canfor Announces Transition; Yurkovich Becomes CEO
John Baird, Chairman of the Canfor Corp. Board of Directors, announced today that Don Kayne, President and Chief Executive Officer, plans to retire at the end of the year.
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