September 23, 2019
Building permit numbers for the Sacramento Area, including El Dorado, Yolo, Sacramento and Placer counties show positive trends compared to 2018.
Though August 2019 statistics for California building permits issued will not be published until the end of September, preliminary numbers for the Sacramento Area, including El Dorado, Yolo, Sacramento and Placer counties show positive trends compared to 2018.
The four-county area produced a collective 3% year-to-date increase in single-family dwelling units issued from January through August 2019 from 2018 and a whopping 34% increase in multi-family dwelling units permitted. (For exact permit numbers and historical trends, email CHF-CIRB@mychf.org for a custom report quote.)
The Sacramento region has been one of the few areas in California to produce any statistical increases in permits issued in 2019 compared to the year prior. In fact, the CIRB Report data shows 2019 started off with a 10% statewide decrease in new housing units in Quarter 1 (January-March) and continued with a 20% decrease by Q-2 (Read the full blog post here.)
Third Quarter 2019 statistics will be ready soon, which will provide a better perspective on whether California will surpass the 117,892 total statewide dwelling units issued in 2018 or be the first year in a decade to fall behind in permit activity from the year before.
In August, Placer and Sacramento counties took the lead on multi-family projects in 2019, but Yolo county experienced the most rapid increase in single-family homes this year, reporting 502 cumulative dwellings in 2019 and only 214 for the first eight months of 2018.
New single-family homes have also increased month-over-month for Sacramento County in August, revealing a 9% increase in homes from July 2019. Sacramento City, however, is currently reporting decreases across the board from single-family, multi-family, and an 85% dip in total housing units issued compared to July.
August statistics from larger cities, like Los Angeles and San Diego are currently in process, but will be published along with all other jurisdictions in California next week.