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The California Building Industry Association is a statewide trade association representing more than 7,000 businesses, homebuilders, remodelers, subcontractors, architects, engineers, designers and other industry professionals. A recent study determined that homebuilding generates approximately $60 billion a year to the California economy and creates an estimated 526,000 jobs statewide.
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CBIA Headlines
- 6/25/2008
- CBIA Sharply Reduces 2008 Housing Forecast
California homebuilders are expected to begin construction on just 72,000 homes, condominiums and apartments this year, significantly lower than earlier forecasts. If that level is correct it will be the lowest production in the Golden State since at least the early 1950s, according to the annual midyear housing forecast released today by the California Building Industry Association.
- 6/23/2008
- New Residential Construction Still Slow in May, CBIA Announces
California new-home production in May continued to lag behind last year’s production levels as homebuilders continued to grapple with low demand due to the glut of foreclosures flooding the market, the California Building Industry Association reported today.
- 6/19/2008
- California New-Home Market Still Searching for Bottom, CBIA Announces
The pace of home sales at California new-home communities continued to remain slow in April, but year-over-year sales declines shrunk slightly for another consecutive month, the California Building Industry Association reported today.
- 5/27/2008
- New-Home Production Remains Weak in April, CBIA Announces
California new-home production in April continued to lag behind last year’s production levels, increasing chances that new-home production would fall to the lowest level in recorded history.
