State Housing Permits Plummet: In another measure...
From Times Staff and Wire Reports
State Housing Permits Plummet: In another measure of the state’s housing slump, building permits in California dropped 22.6% in October from September, according to the California Building Industry Assn. In October, California home builders took out permits at an annual rate of 117,200 units. That is down 53.7% from October, 1989, and the lowest annual rate since March, 1983.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
