California Home Building Permits Drop Sharply

The number of permits issued for new home construction has taken a major downturn in California, where the amount of new home permits has fallen 47% since last year.

1 minute read

October 29, 2006, 11:00 AM PST

By Nate Berg

"Builders received permits for 11,590 homes -- including houses, apartments and condos -- in September, down 47 percent from 21,717 a year ago, according to the California Building Industry Association and the Construction Industry Research Board."

"There were 6,727 permits issued for single-family homes statewide, the fewest number for the month of September in 10 years and a decline of 57 percent from the same time last year."

FULL STORY: Building permits plummet

Saturday, October 28, 2006 in The San Francisco Chronicle

Housing California

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