Even without an economic tailwind, innovation and climate concerns are seeing increased use of timber in construction.
The growing of timber removes carbon from the atmosphere and use in construction locks it in place for generations.
Harvesting trees as their growth rate plateaus allows new, faster growing trees to take their place and continue the cycle of carbon capture.
Technologies such as Cross Laminated Timber (CLT) can replace high carbon footprint materials such as steel and concrete in both houses and taller buildings.
CLT reduces waste, has improved fire resistance, and its lighter weight means smaller, more efficient foundations can be used.