New home construction is building momentum

A START— Permits for new homes in Los Angeles County jumped 32 percent over 2009. Statewide, new home permits increased 23 percent.
California homebuilders put up the second-lowest number of homes on record in 2010, posting a modest improvement over the purported bottom that was set in 2009, the California Building Industry Association reported.
New permits for single and multi-family homes in Los Angeles County last year fared better than the state as a whole and showed a jump from 5,653 ...

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