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Individual Highlight

Construction-Sector Developments in Europe, 2012-2013

Photo of House under construction in the framing stage. Michael LuckadoHouse under construction in the framing stage. Michael LuckadoSnapshot : A Forest Service scientist has analyzed the United Nations Economic Commission for Europe area's housing construction market.

Principal Investigators(s) :
Alderman, Delton 
Research Station : Northern Research Station (NRS)
Year : 2014
Highlight ID : 646

Summary

The United States housing market is improving; yet, to place things in perspective, housing starts remain at historically low levels. A Forest Service scientist has analyzed the United Nations Economic Commission for Europe area's housing construction market. This market is still stagnant due to the ongoing sovereign debt crisis, a recession, and effects of the collapse of the Spanish and Irish housing markets. North American building material demand and prices have increased substantially from their 2010 levels. Canadian and United States forest-product exports are stable, particularly due to exports to China. North American forest-product firms also are benefitting from the improving United States housing market.

Additional Resources

Housing and construction markets(publication)

Forest Service Partners

External Partners

 
  • United Nations Economic Commission for Europe (UNECE), Timber Committee, Geneva, Switzerland.