US housing starts plunge as affordability pressures persist

The Tree Frog Forestry News
June 16, 2026
Category: Today's Takeaway

US housing starts plunged 15.4% in May, while permits were little changed, signalling continued caution among builders. In related news: oil prices eased, though a return to pre-conflict norms appears unlikely; and the US continues to process tariff refunds. In Business news: J.D. Irving responds to an air quality incident; Stora Enso curtails its Veitsiluoto sawmill in Finland; US lawmakers propose Mass Timber Federal Buildings Act; Oregon State University readies first-of-its kind mass timber lab; and New Zealand tests CLT’s earthquake readiness.

In Forestry/Wildfire news: the BC Council of Forest Industries rebuilds public support; Saskatchewan strengenths its wildfire strategy in response to MNP review; all of Oregon officially enters fire season; Georgia wildfires are up 90% in 2026; ENGOs raise alarm over the Roadless Rule repeal; and utility operators push for passage of the Fix Our Forests Act.

Finally, New Zealand battles invasive contorta pine, it’s most damaging wilding tree. 

Kelly McCloskey, Tree Frog News Editor

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