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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (123607)5/16/2008 6:50:57 PM
From: Jim McMannisRead Replies (1) of 306849
 
San Diego...April housing construction news positive

224 permits issued countywide; in March it was 17

signonsandiego.com

Two positive signals in the housing industry – higher construction permits and improved builder confidence – suggested yesterday that the market is not moving inexorably in a downward direction.

Graphic: San Diego County building permits

Local agencies in San Diego County authorized 484 housing units in April, up from only 193 in March, according to the Construction Industry Research Board. It marked the largest one-month total since July and only the sixth time in 20 years of record keeping that April was ahead of March.
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