Tag: Commerce

Working in Tandem with NAHB, Lawmakers Send a Strong Message to Commerce Secretary on Lumber Duties

Filed in Advocacy, Environment, Material Costs by on December 22, 2021 8 Comments
Working in Tandem with NAHB, Lawmakers Send a Strong Message to Commerce Secretary on Lumber Duties

At the behest of NAHB, 84 members of Congress this week sent a joint letter to Commerce Secretary Gina Raimondo expressing urgent concern regarding the Commerce Department’s recent decision to double tariffs on softwood lumber products from Canada and calling on the United States to resume talks with Canada to negotiate a new softwood lumber trade agreement.

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Lumber Prices Continue to Price Home Owners — and Builders — Out of the Market

Filed in Advocacy, Material Costs by on September 15, 2020 42 Comments
Lumber Prices Continue to Price Home Owners — and Builders — Out of the Market

Lumber prices increased 14.9% in August, marking historical gains. Such a sharp increase has put unnecessary pressure on home owners and builders alike to figure out how to close the gap — and potentially not build at all.

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March Housing Starts Down 8.8%

Filed in Economics by on April 19, 2016 0 Comments
March Housing Starts Down 8.8%

Nationwide housing starts fell 8.8% to a seasonally adjusted annual rate of 1.089 million units in March, according to newly released data from HUD and the Commerce Department. Overall permit issuance was also down 7.7%.

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Multifamily Surge Pushes Housing Starts Up 9.8%

Filed in Economics, Multifamily by on July 19, 2015 1 Comment

Led by a steep jump in multifamily production, nationwide housing starts rose 9.8% to a seasonally adjusted annual rate of 1.174 million units in June, according to HUB and the Commerce Department. Multifamily production was up 29.4% to a seasonally adjusted annual rate of 489,000 units, while single-family starts edged down 0.9% to 685,000 units.

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