CBIA - "Decline in single-family housing starts appears to be leveling off, CBIA Reports" (5-31-06)

"While total housing starts in April dropped by more than 10 percent compared to March, the decline in single-family production appears to be leveling off, the California Building Industry Association announced today."

"In April, permits were pulled for 11,119 single-family homes statewide, down just 0.2 percent from the previous month while multifamily housing starts — condos and apartments — totaled 3,476, down 37.6 percent from the previous month. Overall for the month, builders pulled permits for 14,595 homes and apartments, according to statistics compiled by the Burbank-based Construction Industry Research Board."

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