California Housing Shortage To Continue In 2007

Date January 23, 2007

Housing production in the Golden State is expected to remain at "normal" levels this year, with home builders producing 155,000 to 170,000 units by the end of 2007, according to the "2007 Housing Forecast" released by the California Building Industry Association (CBIA). Approximately 70 percent of the housing permits issued are expected to be for [...]