California apartment permits dip to 12-year low but new home construction rises Single-family permits up 13% compared to 2023's second half, multifamily down 27%. Share this: Click to share on ...

Government data released on Thursday showed that new-home construction, or housing starts, fell 5.5 percent last month to an annualized rate of 1.28 million, a sign of more cracks in the already ...

Last month was the hottest month for new home construction since May, coming in some 14.8% above October’s 1.36 million housing starts.