WASHINGTON, D.C. – April 17, 2013 – (RealEstateRama) — CHF|CIRB recently released the statistical data comprising the California Construction Review (CCR) to subscribers. The new numbers reveal a 1% increase in single family housing units as compared to the previous month, while multi-family permits produced a 25% decrease in relation to December of 2012. The construction value of non-residential buildings totaled $1,366,716,890; a 19% increase in comparison with the previous month and a 36% increase from January of 2012. (To find more statistics from the reports, contact Jill Worthington-Esparza @ chf-cirb (at) mychf (dot) org)
| Housing Permits |
January 2013 |
December 2012 |
January 2012 |
% Change From |
|
|
Dec-2012 |
Jan-2012 |
||||
| Single-Family Units |
2,613 |
2,586 |
1,660 |
1% |
57% |
| Multi-Family Units |
2,870 |
3,835 |
851 |
-25% |
237% |
| Total Units |
5,483 |
6,421 |
2,511 |
-15% |
118% |
|
Valuations Totals |
January 2013
|
December 2012
|
January 2012
|
% Change From |
|
|
Dec-2012 |
Jan-2012 |
||||
| Residential
(New + Alterations) |
$ 1,626,411,968 |
$ 1,488,671,286 |
$ 1,007,031,512 |
9% |
62% |
| Nonresidential
(New+ Alterations) |
$ 1,366,716,890 |
$ 1,148,005,334 |
$ 1,00,7502,411 |
19% |
36% |
Construction Summary:
- Total new housing units in building permits issued for the month of January 2013 totaled 5,483, down 15% from 6,421 units in December of 2012 and up 118% from 2,551 units in January of 2012.
- Single Family units totaled 2,613 in January 2013, up 1% from 2,586 units in December of 2012 and 57% from 1660 units in January of 2012.
- Multi-family permits decreased 25% in January 2013 when compared to December 2012 and increased 237% when compared to January 2012.
- The dollar volume of residential building totaled $ 1,626,411,968 in January 2013, up from 9% from December 2012 and 62% from the same time last year.
- Building permits issued in January 2013 for private non-residential building have a total construction value of $1,366,716,890, up 19% from December 2012 and up 36% from January 2012.
Subscribe to the CHF|CIRB California Construction Review:
Subscriptions to CHF|CIRB California Construction Review are now available. A yearly subscription includes monthly statewide reports that provide residential and nonresidential data for California counties and cities within, as well as, month to month and year to date comparisons of building permit activity. Subscribers also receive the annual building permit summary, an all-inclusive report which presents annual totals for the previous year. 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.
About the California Homebuilding Foundation
Founded in 1978, the California Homebuilding Foundation (CHF) invests in the future of the homebuilding industry through endowments that provide college and graduate school scholarships and fund research on key public policy issues; compiles and publishes timely construction and new home statistics; provides training seminars; and supports high school courses to encourage young people to choose careers in the industry. The Foundation is the presenter of California’s top industry award, the Hall of Fame, which recognizes industry leaders and offers their career examples as an inspiration to others.
