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US Housing Starts November & Softwood Lumber Prices December: 2023

Newswire.ca - Wed Dec 20, 2023

VANCOUVER, BC, Dec. 20, 2023 /CNW/ - Housing starts exploded higher in November 2023, surging by nearly +15% to a 1.56 million unit annualized pace, the best reading since May and second-best in a year and a half. The new housing market remains underpinned by an acute shortage of previously owned homes available for sale.

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Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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