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Single-Family Output Rises While Multifamily Sector Slows

New homes
A lack of resale homes and pent-up demand more than offset high mortgage rates and contributed to solid single-family permit growth across nearly all geographic regions in the second quarter. However, multifamily construction permit activity continued its slide.

Data at a Glance

Framing Lumber Prices

Fluctuations in the costs of building materials, particularly those of framing lumber, contribute significantly to home prices and housing affordability levels.

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