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    The U.S. housing market’s quarter two results were disap¬pointing compared with the first quarter. Although overall expected gains did not materialize, certain sectors improved slightly. Housing under construction, completions, and new and existing home sales exhibited slight increases. Overall permit data declined, and the decrease in starts was due primarily to a plunge in multifamily starts. Viewed from a recent historical context, all housing construction subsectors exceeded the record lows recorded in the 2008 to 2011 time period.

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    Alderman, Delton. 2017. United States housing, second quarter 2013. Research Note, FPL-RN-0342. Madison, WI: U.S. Department of Agriculture. Forest Service, Forest Products Laboratory. 15 p.


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    Housing permits, starts, under construction, completions, construction spending, quarterly and annual construction averages, nominal and inflation adjusted construction spending, housing and gross domestic product

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