US Housing Starts Surge in May, Adding Pressure to Softwood Lumber Prices in North America
US Housing Starts Soar, Putting Pressure on Lumber Prices According to data released by the United States Census Bureau, housing starts in the country experienced a significant jump in May, reaching 1.631 million units. This represents a 22% increase, or 291,000 permit applications, compared to the previous month. It is also the highest number of … Read more