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by CareyBot

Housing production in California was down slightly in 2005, but still broke the 200,000-unit mark for the second year in a row, the California Building Industry Association announced Thursday. According to preliminary year-end data compiled by the Construction Industry Research Board, housing starts – as measured by building permits issued – totaled 207,154 during 2005, a 2.7 percent decrease from 2004. The total includes 154,816 single-family homes (up 2.2 percent from 2004) and 52,338 apartments and condominiums (down 15 percent). "As anticipated, California concluded 2005 with the building permit count within 3 percent of what the industry recorded in 2004 – which was the highest total since 1989," said CBIA Chief Economist Alan Nevin. "Most metropolitan areas, as we...