California Housing Construction Crashes

There is very, very little new housing construction in most of California, where the number of housing starts is down 75% from the boom year of 2005. One result is layoffs for planners, building inspectors and plan checkers.

1 minute read

May 9, 2008, 6:00 AM PDT

By Paul Shigley

Metropolitan areas across the state need only two digits to count new housing starts. Some, such as the Marysville-Yuba City area, needed only one digit to count the number of housing starts in March.

"Back in February, CP&DR reported that the housing market appeared to be evolving, with infill and multi-family activity remaining stronger than construction of single-family housing tracts. So far this year, the numbers for multi-family housing do not support our thesis. But it is true that the downturn is most dramatic in the exurbs of the Inland Empire and the Central Valley."

FULL STORY: Housing Construction Nearly Ceases In Some Markets

Monday, May 5, 2008 in California Planning & Development Report

Housing California

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