California Building Industry Association

The pace of home sales at California new-home communities in October continued to be significantly lower than that of a year ago.

Production of homes in California continued a downward trend in October as homebuilders continued to take steps to reduce inventory before year-end.

The pace of home sales at California new-home communities remained sluggish in September.

Despite falling home prices throughout most of the state, California remains the nation’s least affordable market for housing in the third quarter.

Home production in California continued to decline in September as homebuilders continued to sell off existing inventory and looked for signs of a balancing market.

California Building Industry Association President & CEO Robert Rivinius released the following statement regarding the tragic fires in Southern California.

During its meeting in Napa on October 19, the CBIA Board of Directors elected new officers to guide the Association for 2008.

The pace of home sales at California new-home communities slowed further in August, the California Building Industry Association reported today.