CHF|CIRB Releases February 2014 Housing Statistics

February 2014 housing units have surpassed the January numbers by 14%, though year-over-year total units revealed a 25% decrease since February 2013. Single-family units show a minor decrease in activity, but multi-family housing units experienced significant increases in month-over-month statistics.

 

February 2014

January 2014

February 2013

% Change From

January

2014

February

2013

Housing Permits

 

 

 

 

 

    Single-Family Units

2,307

2,851

2,779

-19%

-16%

    Multi-Family Units

3,385

2,127

4,820

59%

-29%

Total Units

5,692

4,978

7,599

14%

-25%

Dollar Volume

 

 

 

 

 

    Residential

    (New + Alterations)

$1,569,522,602

$1,523,016,548

$1,737,191,695

3%

-9%

    Nonresidential

    (New + Alterations)

$1,567,728,429

$1,388,103,603

$2,468,022,606

12%

-36%

 

To order the full California Construction Review September report or for information on other CHF|CIRB products and services, please contact CHF|CIRB at (916) 340-3309. Visit the CHF|CIRB website http://www.mychf.org/go/cirb/.

About the California Homebuilding Foundation
Founded in 1978, the California Homebuilding Foundation (CHF) invests in the future of the homebuilding industry through endowments that provide college and graduate school scholarships and fund research on key public policy issues; compiles and publishes timely construction and new home statistics; provides training seminars; and supports high school courses to encourage young people to choose careers in the industry. The Foundation is the presenter of California’s top industry award, the Hall of Fame, which recognizes industry leaders and offers their career examples as an inspiration to others.

CHF|CIRB Report is funded in-part through grants provided by: The Davidson Family Foundation, Steve and Lynne Doyle Family Foundation, The Harry C. & Deborah L. Elliott Family Foundation, Dennis and Gloria O’Brien Foundation, North State Building Industry Foundation.