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The Virginia Tech–USDA Forest Service Housing Report

June 23, 2022

April 2022 data softness was widespread, with only the housing under construction and private residential construction spending categories positive on a month-over-month basis. Year-over-year data were better; however, single-family permits were negative again. This marks the third month, in 2022, of single family starts declining and permits also have decreased for two-consecutive months. This suggests further moderation in single-family activity in the upcoming months.

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