CHF|CIRB Releases January 2014 Housing Statistics

By CAR -

March 11, 2014

Visual

WASHINGTON, D.C. – March 11, 2014 – (RealEstateRama) — January 2014 monthly permit totals quickly cooled after December’s hot streak. Though permits issued for single family and multi-family units decreased 51% from December 2013, current activity seems to be more comparable to January 2013, which revealed only a 9% decrease in permit activity.<span id="more-2908"></span></p> <table width="727" border="1" cellspacing="0" cellpadding="0" align="center"> <tbody> <tr> <td rowspan="2"> </td> <td rowspan="2"> <p align="center"><strong>January 2014</strong></p> </td> <td rowspan="2"> <p align="center"><strong>December 2013</strong></p> </td> <td rowspan="2"> <p align="center"><strong>January 2013</strong></p> </td> <td colspan="2"> <p align="center"><strong>% Change From</strong></p> </td> </tr> <tr> <td> <p align="center"><strong>December</strong></p> <p align="center"><strong>2013</strong></p> </td> <td> <p align="center"><strong>January 2013</strong></p> </td> </tr> <tr> <td><strong>Housing Permits</strong></td> <td> <p align="center"> </td> <td> <p align="center"> </td> <td> <p align="center"> </td> <td> <p align="center"> </td> <td> <p align="center"> </td> </tr> <tr> <td><strong> Single-Family Units</strong></td> <td> <p align="center"><strong>2,821</strong></p> </td> <td> <p align="center"><strong>3,558</strong></p> </td> <td> <p align="center"><strong>2,610</strong></p> </td> <td> <p align="center"><strong>-20.71%</strong></p> </td> <td> <p align="center"><strong>8.08%</strong></p> </td> </tr> <tr> <td><strong> Multi-Family Units </strong></td> <td> <p align="center"><strong>2,127</strong></p> </td> <td> <p align="center"><strong>6,590</strong></p> </td> <td> <p align="center"><strong>2,847</strong></p> </td> <td> <p align="center"><strong>-67.72%</strong></p> </td> <td> <p align="center"><strong>-25.29%</strong></p> </td> </tr> <tr> <td><strong>Total Units </strong></td> <td> <p align="center"><strong>4,948</strong></p> </td> <td> <p align="center"><strong>10,148</strong></p> </td> <td> <p align="center"><strong>5,457</strong></p> </td> <td> <p align="center"><strong>-51.24%</strong></p> </td> <td> <p align="center"><strong>-9.33%</strong></p> </td> </tr> <tr> <td><strong>Dollar Volume </strong></td> <td> <p align="center"> </td> <td> <p align="center"> </td> <td> <p align="center"> </td> <td> <p align="center"> </td> <td> <p align="center"> </td> </tr> <tr> <td><strong> Residential </strong></p> <p><strong> (New + Alterations)</strong></td> <td> <p align="center"><strong>$1,521,178,226</strong></p> </td> <td> <p align="center"><strong>$2,311,399,277</strong></p> </td> <td> <p align="center"><strong>$1,647,823,711</strong></p> </td> <td> <p align="center"><strong>-34.19%</strong></p> </td> <td> <p align="center"><strong>-7.69%</strong></p> </td> </tr> <tr> <td><strong> Nonresidential </strong></p> <p><strong> (New + Alterations)</strong></td> <td> <p align="center"><strong>$1,394,108,950</strong></p> </td> <td> <p align="center"><strong>$1,565,895,007</strong></p> </td> <td> <p align="center"><strong>$1,443,458,001</strong></p> </td> <td> <p align="center"><strong>-10.97%</strong></p> </td> <td> <p align="center"><strong>-3.42%</strong></p> </td> </tr> </tbody> </table> <p><strong>Residential: </strong></p> <ul> <li>Total new housing units in building permits issued for the month of January 2014 totaled 4,948, down 51% from 10,148 units in December of 2013 and down 9% from 5,457 units in January of 2013.</li> <li>Single-Family units totaled 2,821, down 20% from 3,558 units in December of 2013 and up 8% from 2,610 units in January of 2013.</li> <li>Multi-Family permits decreased by 67% in January 2014 when compared to December 2013, also revealing a 25% decrease when compared to January 2013.</li> <li>The dollar volume of residential building totaled $ 1,521,178,226 in January 2014, down 34% from December 2013 and down 7% from the same time last year.</li> </ul> <p><strong>Non-residential:</strong></p> <ul> <li>Building permits issued in January 2014 for private non-residential building have a total construction value of $ 1,394,108,950, decreasing 10% from December 2013 and by 3% as compared to January 2013.</li> </ul> <p><strong>Large Projects:</strong></p> <p>The dollar volume of large projects accounts for much of the month-to-month fluctuation in non-residential building. Large projects are defined here as $ 5.0 million or more in construction cost. The largest project in January 2014 was a permit in San Francisco issued for a new $40.6 million, 6-story, office, retail, and parking building with a basement.</p> <p>To order the full California Construction Review September report or for information on other CHF|CIRB products and services, please contact Jill Worthington-Esparza at (916) 340-3340. Visit the CHF|CIRB website <a href="http://www.mychf.org/go/cirb/">http://www.mychf.org/go/cirb/</a>.</p> <p><strong>About the California Homebuilding Foundation</strong><br /> <em>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.</em></p> <p><strong>CHF|CIRB Report is funded in-part through grants provided by:</strong> <em>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.</em></p> <p>Media Contact:<br /> Megan MacNee</p> <p>(916) 340-3352<br /> mmacnee (at) cbia (dot) org<br />+</p>  <script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script><div class="td-g-rec td-g-rec-id-content_bottom"> <script type="text/javascript"> var td_screen_width = document.body.clientWidth; if ( td_screen_width >= 1024 ) { /* large monitors */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width >= 768 && td_screen_width < 1024 ) { /* portrait tablets */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width < 768 ) { /* Phones */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:300px;height:250px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } </script> </div>  </div></div> <footer> <div class="td-post-source-tags td-pb-padding-side"> </div> <div class="td-post-sharing td-post-sharing-bottom td-pb-padding-side"><span class="td-post-share-title">SHARE</span> <div class="td-default-sharing td-with-like"> <a class="td-social-sharing-buttons td-social-facebook" href="http://www.facebook.com/sharer.php?u=https%3A%2F%2Fcalifornia.realestaterama.com%2Fchfcirb-releases-january-2014-housing-statistics-ID02908.html" onclick="window.open(this.href, 'mywin','left=50,top=50,width=600,height=350,toolbar=0'); return false;"><div class="td-sp td-sp-facebook"></div><div class="td-social-but-text">Facebook</div></a> <a class="td-social-sharing-buttons td-social-twitter" href="https://twitter.com/intent/tweet?text=CHF%7CCIRB+Releases+January+2014+Housing+Statistics&url=https%3A%2F%2Fcalifornia.realestaterama.com%2Fchfcirb-releases-january-2014-housing-statistics-ID02908.html&via=California+RealEstateRama"><div class="td-sp td-sp-twitter"></div><div class="td-social-but-text">Twitter</div></a> <a class="td-social-sharing-buttons td-social-google" href="http://plus.google.com/share?url=https://california.realestaterama.com/chfcirb-releases-january-2014-housing-statistics-ID02908.html" onclick="window.open(this.href, 'mywin','left=50,top=50,width=600,height=350,toolbar=0'); return false;"><div class="td-sp td-sp-googleplus"></div></a> <a class="td-social-sharing-buttons td-social-pinterest" href="http://pinterest.com/pin/create/button/?url=https://california.realestaterama.com/chfcirb-releases-january-2014-housing-statistics-ID02908.html&media=" onclick="window.open(this.href, 'mywin','left=50,top=50,width=600,height=350,toolbar=0'); return false;"><div class="td-sp td-sp-pinterest"></div></a> </div><div class="td-classic-sharing"><ul><li class="td-classic-facebook"><iframe frameBorder="0" src="https://www.facebook.com/plugins/like.php?href=https://california.realestaterama.com/chfcirb-releases-january-2014-housing-statistics-ID02908.html&layout=button_count&show_faces=false&width=105&action=like&colorscheme=light&height=21" style="border:none; overflow:hidden; width:105px; height:21px; background-color:transparent;"></iframe></li><li class="td-classic-twitter"><a href="https://twitter.com/share" class="twitter-share-button" data-url="https://california.realestaterama.com/chfcirb-releases-january-2014-housing-statistics-ID02908.html" data-text="CHF|CIRB Releases January 2014 Housing Statistics" data-via="" data-lang="en">tweet</a> <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");</script></li></ul></div></div> <div class="author-box-wrap"><a href="https://california.realestaterama.com/author/car"><img src="https://california.realestaterama.com/files/2016/09/CAR-1.jpg" width="96" height="96" alt="CAR" class="avatar avatar-96 wp-user-avatar wp-user-avatar-96 alignnone photo" /></a><div class="desc"><div class="td-author-name vcard author"><span class="fn"><a href="https://california.realestaterama.com/author/car">CAR</a></span></div><div class="td-author-url"><a href="http://www.car.org/">http://www.car.org/</a></div><div class="td-author-description"><p>Leading the way...® in California real estate for more than 100 years, the <strong>CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)</strong> is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. 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block_td_uid_6_67bb3fcf51ddf.td_column_number = "1"; block_td_uid_6_67bb3fcf51ddf.block_type = "td_block_2"; block_td_uid_6_67bb3fcf51ddf.post_count = "4"; block_td_uid_6_67bb3fcf51ddf.found_posts = "4100"; block_td_uid_6_67bb3fcf51ddf.header_color = "#"; block_td_uid_6_67bb3fcf51ddf.ajax_pagination_infinite_stop = ""; block_td_uid_6_67bb3fcf51ddf.max_num_pages = "1025"; tdBlocksArray.push(block_td_uid_6_67bb3fcf51ddf); </script><div class="td_block_wrap td_block_2 td_block_widget td_block_id_3368476966 td_uid_6_67bb3fcf51ddf_rand td_with_ajax_pagination td-pb-border-top"><h4 class="block-title"><span>Recent Government & Nonprofit Press Releases</span></h4><div id=td_uid_6_67bb3fcf51ddf class="td_block_inner"> <div class="td-block-span12"> <div class="td_module_4 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="td-module-image"> </div> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/napolitanos-statement-on-trump-administrations-attack-on-clean-water-ID09898.html" rel="bookmark" title="Napolitano’s Statement on Trump Administration’s Attack on Clean Water">Napolitano’s Statement on Trump Administration’s Attack on Clean Water</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/california">California RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-05T00:04:12+00:00" >July 5, 2019</time></div> </div> <div class="td-excerpt"> Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/flood-protection-and-water-storage-ID09937.html" rel="bookmark" title="Flood Protection and Water Storage">Flood Protection and Water Storage</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-04T03:31:39+00:00" >July 4, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/senators-include-legal-protections-for-military-families-in-privatized-housing-in-defense-bill-ID09930.html" rel="bookmark" title="Senators: Include Legal Protections for Military Families in Privatized Housing in Defense Bill">Senators: Include Legal Protections for Military Families in Privatized Housing in...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:24:14+00:00" >April 1, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/mccarthy-introduces-legislation-to-repurpose-high-speed-rail-funding-to-water-infrastructure-projects-ID09929.html" rel="bookmark" title="McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure Projects">McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/congressman-kevin-mccarthy">Congressman Kevin McCarthy</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:20:36+00:00" >April 1, 2019</time></div> </div> </div> </div> </div> </div></div> <aside class="widget widget_archive"><div class="block-title"><span>Government & Nonprofit Press Release Archive</span></div> 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