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US lumber price decreases by 8%, dropping to US$444 for week ending April 19; decrease is concurrent with decline in US housing starts, marking most significant drop since start of 2020 pandemic: Madison's

Zacks names LP, Boise Cascade among stocks likely to top Q1 earnings estimates, expects construction sector to report better results; outlays on new single-family construction projects has been neutralizing dearth of nonresidential infrastructure projects

RBC: March housing starts below consensus, but single-family housing starts seen as encouraging; housing permits also below expectations, though homebuilder confidence remain unchanged in April following four consecutive months of gains

US privately‐owned housing starts in March fell 14.7% from February to seasonally adjusted annual rate of 1,321,000, down 4.3% annually; building permits rose 1.5% annually to 1,458,000, housing completions down 3.9% to 1,469,000: Dept. of Commerce

Forest and Wood Products Australia launches Timber Industry & Housing for the Future three-part webinar series to support forestry industry in responding to supply chain challenges and planning for future housing needs; weekly sessions begin on April 30

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