US housing starts in April plunged by the most on record going back to 1959 as sweeping lockdowns to contain the coronavirus pandemic continued to slam the housing market. Coronavirus has significantly constrained the construction of new homes, according to the most recent housing data from the US government, even while city dwellers rattled by the pandemic are increasingly interested in buying new houses in the suburbs. The latest reports issued show significant declines in building permits, housing starts, and completions in new residential construction across the US. The number of privately-owned housing units authorized ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
