CHF|CIRB December 2012 California Construction Review
WASHINGTON, D.C. – March 6, 2013 – (RealEstateRama) — This week CHF|CIRB has released the December California Construction Review to subscribers. Overall, California has seen a 5% increase in housing permits from December 2011. Year-to-date permits have increased 22.46% from the same time frame in 2011, increasing from 47,336 permits issued between January and December 2011 to 57,970 total permits for the same time frame in 2012.
California’s private building activity is measured by building permits issued and building permits valuations totals.
|
December 2012 |
November 2012 |
December 2011 |
% Change From |
||
|
Nov-2012 |
Dec-2011 |
||||
| Housing permits | |||||
| Single-Family |
2,586 |
2,460 |
2,013 |
5% |
28% |
| Multi-Family |
3,835 |
1,877 |
3,438 |
104% |
12% |
| Total Units |
6,421 |
4,337 |
5,451 |
48% |
18% |
| Dollar Volume | |||||
| Residential
(New + Alterations) |
$ 1,488,671,286 |
$ 1,119,516,005 |
$ 1,328,039,479 |
33% |
12% |
| Nonresidential
(New + Alterations) |
$ 1,148,005,334 |
$ 1,025,154,434 |
$ 1,108,708,057 |
12% |
4% |
- Single family permits issued in December 2012 increased 5% from November 2012 and increased 28% from December 2011.
- Multi-family permits increased 104% in December 2012 when compared to November 2012 and increased 12% when compared to December 2011.
- Total units issued increased 48% in December 2012 when compared to November 2012 and increased 18% when compared to December 2011.
- Residential valuations increased 33% from November 2012 and non-residential increased 12% when compared to November 2012.
- Year-to-date permits have increased 22.46% from the same time frame in 2011, increasing from 47,336 permits issued between January and December 2011 to 57,970 total permits for the same time frame in 2012.
To Learn More Subscribe to the CHF|CIRB California Construction Review
The full report is available by subscription. These subscriptions are available based on both Statewide and Metropolitan levels. They include monthly reports and the annual building permit summary, released in April.
Monthly reports now include:
- California Private Building Construction by Category, Month to Month and Year to Date Comparison
- New Housing Units by Metropolitan Area, Month to Month and Year to Date
- California Residential Building Units and Valuations by Category
- California Private Non-Residential Building Valuations by Category
- Statewide Comparison of New Residential Units, Residential and Non-Residential Valuations by County
For additional information visit the CHF website www.mychf.org or contact Jill Worthington-Esparza (916) 340-3340.
CHF|CIRB Report is funded in-part through grants provided by: The Davidson Family Foundation; Steve and Lynne Doyle Family Foundation; The Harry C. & Deborah L. Elliott Family Foundation; Dennis and Gloria O’Brien Foundation; North State Building Industry Foundation
Media Contact:
Megan MacNee
(916) 340-3352
mmacnee (at) cbia (dot) org
