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Decline in single- and multifamily home construction helped offset increase in public construction.

Increases were much smaller than the previous week.

Gayln Ziegler will lead growth of company's cash-offer platform.

Says 'there’s no question that the housing market has long lost momentum.'

Time on market was 42 days, 5 days more than last year but 22 days less than typical pre-pandemic levels.

The review will include a series of listening sessions and regional roundtable discussions.