• US Housing Starts Apr and Lumber Pric...  

Total US housing starts in April were 1.360 million units, up +5.7% from the upwardly-revised 1.287 million units in March, and almost flat from the same time in 2023 when it was 1.368 million units. A forward-looking measure of housing construction, building permits fell -3% month over month to 1.440 million units, from 1.458 million in March.

Single-family housing starts, which account for the bulk of homebuilding, in April were almost flat compared to March, at a seasonally adjusted annual rate of 1.031 million units. Single-family permits were also almost flat from March, at a rate of 976,000 units.

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