CHF|CIRB February 2013 California Construction Review

 

CHF|CIRB recently released the statistical data comprising the California Construction Review (CCR) to subscribers. The new numbers reveal an increase in both residential and non-residential construction as compared to the previous month and same time frame in 2012. (To find more statistics from the reports, contact Jill Worthington-Esparza @ chf-cirb@mychf.org)

 

Housing Permits

February 2013

January 2013

February 2012

% Change From

Jan-2013

Feb-2012

    Single-Family Units

2,780

2,623

1,520

6%

82%

    Multi-Family Units

4,839

2,849

2,041

39%

113%

Total Units

7,619

5,472

3,561

39%

113%

 

Valuations Totals

February 2013

January 2013

February 2012

% Change From

Jan-2013

Feb-2012

Residential

   (New + Alterations)

$ 1,789,190,244

$ 1,628,783,548

$ 1,100,464,327

9%

62%

Nonresidential

    (New+ Alterations)

$ 2,386,246,149

$ 1,375,825,314

$ 1,036,769,537

73%

130%

Construction Summary: 

  • Total new housing units in building permits issued for the month of February 2013 totaled 7,619, up 39% from 5,472 units in January of 2013 and up 113% from 3,561 units in February of 2012.
  • Single-Family units totaled 2,780 in February 2013, up 6% from 2,623 units in January of 2013 and 82% from 1,520 units in February of 2012. 
  • Multi-Family permits increased 39% in February 2013, when compared to January 2013 and increased 113% when compared to February 2012.
  • The dollar volume of residential building totaled $ 1,789,190,244 in February 2013, up from 9% from January 2013, and 62% from the same time last year.
  • Building permits issued in February 2013 for private non-residential building have a total construction value of $ 2,386,246,149, up 73% from January 2013 and up 130% from February 2012.

Subscribe to the CHF|CIRB California Construction Review: 
Subscriptions to CHF|CIRB California Construction Review are now available. A yearly subscription includes monthly statewide reports that provide residential and nonresidential data for California counties and cities within, as well as, month to month and year to date comparisons of building permit activity.  Subscribers also receive the annual building permit summary, an all-inclusive report which presents annual totals for the previous year. For additional information visit the CHF website www.mychf.org or contact Jill Worthington-Esparza (916) 340-3340.

CHF|CIRB Report is funded in-part through grants provided byThe 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.

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.