New home sales still strong

Housing starts remained strong in July, increasing the chances that California will have another strong year of production, according to the California Building Industry of America (CBIA).
But CBIA officials added that current construction levels are not enough to quench Californians’ thirst for new homes and apartments.Total residential building, measured by building permits issued in July, was down 16.4 percent from June, going from 21,385 units to a total of...

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