2009 Press Releases

12/23/2009
Housing Production Posts Decrease in November, CBIA Announces

Housing construction in California continued to decrease in November and is on track to set a record for the least amount of homes produced in a single year.

12/10/2009
California New-Home Market Breaks into Positive Territory, CBIA Announces

The pace of home sales at California new-home communities rose above year-ago levels in October for the first time since December of 2006.

11/24/2009
California Housing Starts Continue Decline in October, CBIA Announces

Construction of new homes in California continued to decline in October, prompting homebuilders to call on state lawmakers to re-examine the benefits of the state new-home buyer tax credit enacted earlier this year in hopes of getting similar legislation passed to stimulate the housing sector and the economy.

11/23/2009
California Housing Affordability Continues to Decrease, CBIA Announces

Housing affordability continued to creep downward throughout the state during the third quarter of 2009 as a result of incremental price increases due to increased demand for homes.

11/11/2009
California New-Home Sales Down Again in September, CBIA Announces

New-home sales in California continued to remain below levels seen a year ago, but the year-over-year declines have continued to shrink.

10/26/2009
New-Home Construction Dips in September, CBIA Announces

New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit.

10/12/2009
New-Home Sales Continue Their Sluggish Pace In August, CBIA Announces

New home sales in California remained at historic low levels in August signaling that the state’s housing sector may be slow to recover from a stubborn recession.

9/24/2009
Housing Production Slips Again in August, CBIA Announces

Demand for new homes slipped again in August, a decline California homebuilders attributed to the discontinuation of the successful state homebuyer tax credit program.

8/24/2009
Housing Production Dips in July as Tax Credit Expires, CBIA Announces

California homebuilders pulled back on new-home production in July as buyers retreated from housing markets around the state following the discontinuation of a successful homebuyer tax credit early in the month.

8/19/2009
California Housing Affordability Inches Downward, CBIA Announces

Housing affordability inched downward throughout the state during the second quarter of 2009 as a result of incremental price increases and increased demand sparked by the state new-homebuyer tax credit.

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