California News

California On Pace To Permit Under 100K Homes This Year

CBS Bay Area-

Despite strong demand for homes amid the state’s housing crisis, new figures show the number of residential building permits issued this year is on pace to be the lowest since the Great Recession.

According to the nonpartisan California Legislative Analyst’s Office, only 8,640 permits were issued in July, down 10 percent from July of 2018. In the first seven months of 2019, 61,200 permits were issued, down 17 percent from the previous year.

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