Multi-family units, however, decreased monthly by 3% and 18% from this time last year.
November 2016 CCR Report highlights:
- New housing units in building permits issued for the month of November 2016 totaled 7,859, down 0.4% from 7,890 units in October of 2016 and 0.1% from 7,870 units in November of 2015.
- The largest project in November 2016 was a $112.5 million theater addition to a museum/restaurant/office building in the City of Los Angeles.
- The unemployment rate for the State of California employees in November 2016 was 5.0%, decreasing by 0.3 from the previous month.
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For additional monthly residential and non-residential permit data for the State of California, please visit the CIRB website.