San Diego built more housing last year than it had in 17 years

  • 📰 sdut
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 95%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

San Diego County built more housing in 2023 than it had in 17 years. There were 11,673 building permits pulled across the county, a 21 percent increase from 2022.

There were 11,673 building permits pulled across the county, a 21 percent increase from 2022, said the Construction Industry Research Board. The majority of residential construction was in multifamily permits, with 9,100, including apartments, condos and townhouses. There were also 2,573 single-family permits, which includes accessory dwelling units.

The research board said there were 1,348 ADUs built across San Diego County last year. That is more than the 1,225 single-family homes constructed. The report doesn’t break down by community, but the city of San Diego previously said it issued 9,691 residential permits in 2023 — which would mean the rest of the county contributed around 17 percent of the rest of the housing.

“This is evidence that statewide, and locally, we just still don’t get it,” he said. “Creating 9,100 multifamily units and only 1,225 single-family homes does nothing for the home affordability crisis. We need starter homes, compressed single-family homes, anything to help people move out of apartments into homeownership opportunities.”for resale single-family homes, said the S&P Case-Shiller Indices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ERROR

Property Property Latest News, Property Property Headlines