11/23/2024

SoCal Building Permits Bounce Back in 2013 but Still Below Past Highs

There were 25,198 units of housing permitted in Los Angeles and Orange Counties, according to figures out Thursday from the Census Bureau. That’s up from about 17,500 in 2012 and triple the amount seen at the bottom of the housing market in 2009. But it’s still behind the 30,000-plus pace seen in the housing heyday of the mid-2000s.

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