therealdeal.com
2 months agoHomebuilding Drops in California, but Falls Faster in U.S.
California had a 6% decrease in homebuilding permits in 2022, with 111,221 permits filed, while the US saw an 11% decline in permits filed.
Single-family home permits in California decreased by 8% in 2022, while multifamily permits decreased by 3%, with the Inland Empire showing an 89% increase in multifamily permits. [ more ]