Wood products sales are linked heavily to residential construction, and builders, with a keen awareness of the housing market, have not shown much confidence in recent months

Multifamily housing starts show some sign of life in late 2023, but the overall picture shows a different trend when compared to single-family

Despite slower population growth and lower household formation rates, there remains a shortfall in the housing market, particularly for starter homes in North America

Despite consistently high 30-year mortgage rates, builder confidence has grown through the year