The California Building Industry Association is a statewide trade association representing thousands of 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.
Looking for housing numbers? We've got you covered with monthly housing starts, new home sales and median sales prices of new homes, quarterly housing affordability numbers, and complete sets of statistics broken down by metro region. Our numbers come from reliable sources, including CIRB, Hanley Wood Market Intelligence and NAHB/Wells Fargo Market Intelligence.
Read the most recent releases from CBIA on housing construction, new home sales and other topics relevant to the homebuilding industry. Older releases can be accessed in our press release archive.
What is happening in the homebuilding industry? Summaries and links to the day's top housing and homebuilding news from media outlets are posted in this section every weekday. Industry News is also available to members and or media by subscribing to a daily email.
Read stories on some of the issues related to CBIA and its history.
- Economic Analysis of New School Construction and Modernization Projects Finds Massive Job and Economic Benefits for California
The Center for Strategic Economic Research (CSER) today released an economic impact summary that provided an analysis of the full range of economic stimulus and annual benefits of new school construction and modernization projects.
Amongst its findings, CSER found that the existing $3 billion pipeline of new school construction and modernization work could result annually in more than 15,000 new jobs, $990 million of employee compensation (salaries/wages and benefits), $99.8 million in state and local tax revenue and more than $2.5 billion of overall economic output benefits for California’s economy.
- CHF|CIRB Releases June 2014 Housing Statistics
Single-family unit housing starts made a comeback in June, increasing by 26% from May of 2014 and 31% from the same time last year. Multi-family units decreased in month-to-month and year-over-year categories by 16 and 21%. In the end, total units for June accumulated to 7,777 units, a 4% increase over May and 2% increase from June 2013.
Other Highlights from the June 2014 California Construction Review:
- The dollar volume of residential building totaled $2,293,588,513 in June 2014, up 8.7% from May 2014 and 8.4% from this same time last year.
- The largest project in June 2014 was a $59.6 million new office building for the "Stadium Tech Center" in Santa Clara City, Santa Clara.
- California Construction employment averaged 669,900 in June 2014, up 7,100 from May 2014.
Give your organization “CIRB Appeal” by keeping up-to-date on California’s residential and commercial permit activity. Subscribe today for a California Construction Review (CCR) Report or order individualized CHF|CIRB Custom Reports tailored for your specific needs.
- CBIA Announces 2014 Leadership Team
The California Building Industry Association, the voice of housing in California, is pleased to introduce its 2014 Board of Directors’ leadership team.