March 16, 2018

NORTH STATE BIA POSTS FEBRUARY SALES NUMBERS

ROSEVILLE - The North State BIA released its February sales data, which showed the regional homebuilding industry recorded 376 sales from 147 communities reporting for the month. This is a decrease from January's 457 sales and 148 communities.
 
"Although we could not match January's sales tally, February sales numbers were still very good ," said Rachel Bardis, the BIA's 2018 Chair and Principal with Bardis Homes.  "We feel strongly about the positive signs we're seeing in the region's housing market and fully anticipate the strong sales momentum to continue."

Historic February Sales Review
The chart below offers a 10 year look-back on sales in the month of February.
New Home Sales by Region  
The North State BIA's sales report is compiled through a collaborative effort between association staff and homebuilders, who provide regular reports based on escrow closings. The chart below breaks down regional sales for February.
Price Point Data
As part of its monthly sales analysis, the North State BIA also records the price points for new homes sold. The February price points for new home sales can be seen in the chart below.
Regional Permit Data
The California Homebuilding Foundation's (CHF)  Construction Industry Research Board (CIRB) regional permit data for February can be viewed here.

Permit totals are subject to change due to post-reported County/City activity and/or post-adjusted data submitted to CIRB by the reporting municipality. CIRB statistics are formally published at the end of the month in the California Construction Review (CCR) report. Please contact (916) 340-3346 or  CHF-CIRB@mychf.org for additional information.

North State BIA