CLIPBOARD : Multi-Family Home Futures
The number of permits issued during October for multiple-family housing was about the same as in September, leaving half of the home-building futures quotient running ahead of 1989.
While the year-to-date number of permits for single-family homes has sunk to around half last year’s total, the 10-month total for multi-family housing is 8% ahead (October figures are the most recent ones available). The 1990 level continues far in arrears of 1986-88, however.
The cities of Tustin, Irvine and Orange as well as the county’s unincorporated areas are the centers of this future activity, while building in Anaheim, Mission Viejo and Fullerton has cooled considerably since last year. Five cities have issued no such permits during the first 10 months of either of the past two years.
Here’s how the cities stack up, listed from the largest increase to the largest decrease in multiple-family housing permits issued:
Jan.-Oct. Jan.-Oct. 1989-’90 City 1989 1990 Difference Tustin 130 1,125 +995 Irvine 261 1,187 +926 Orange 68 385 +317 Unincorporated areas 3,370 3,605 +235 Garden Grove 192 302 +110 Costa Mesa 31 98 +67 Cypress 20 80 +60 Brea 17 57 +40 Dana Point * 30 69 +39 Westminster 42 66 +24 Los Alamitos 10 14 +4 Laguna Beach 2 3 +1 Fountain Valley 0 0 No change La Palma 0 0 No change Seal Beach 0 0 No change Villa Park 0 0 No change Yorba Linda 0 0 No change San Juan Capistrano 4 0 -4 Placentia 47 40 -7 Stanton 22 14 -8 La Habra 20 6 -14 Buena Park 144 82 -62 San Clemente 151 22 -129 Santa Ana 164 35 -129 Newport Beach 200 53 -147 Huntington Beach 263 97 -166 Fullerton 388 107 -281 Mission Viejo 361 0 -361 Anaheim 1,256 348 -908 Laguna Niguel ** N/A 0 -- COUNTY TOTAL 7,193 7,795 +602
*New city for 1989 tabulations; 1989 data before June is included in “unincorporated areas” total.
**New city for 1990 tabulations; 1990 data before July is included in “unincorporated areas” total.
N/A: Not available
Source: Construction Industry Research Board
NINE--MONTH COMPARISON OF PERMITS ISSUED In thousands 1986: 12,292 1987: 14,382 1988: 10,343 1989: 7,193 1990: 7,795 Source: Construction Industry Research Board
