North State BIA's Members Continue High Sales in November
Roseville, December 19, 2019  - The North State BIA President and CEO, Michael Strech, reports that builder members are continuing to experience strong consumer demand moving into the end of the year. "Home sales typically see a seasonal slow down around the end of the year, but this year home sales are strong. The numbers reflect our members ongoing effort to respond to the state’s serious housing crisis by working hard to bring badly needed homes to the Sacramento area."
Strech continued, "November was the 7th straight month of the highest sales volume since 2006 ,  however the BIA members are not losing sight of the goal set forth by Governor Newsom at the beginning of the year. We have a long way to go before we strike the balance of supply and demand. We also must continue to work with local and state leaders to make certain that favorable housing policies will also work to support the need for housing in our region.”
A total of 395 new homes were sold during the month of November. The sales were reported in 165 subdivisions in the six-county Greater Sacramento region from Marysville and Yuba City in the north to Galt in the south. In addition, 10,373 people visited active new-home communities last month.
Historic November Sales Review
The chart below offers a 10 year look-back on sales in the month of November. 
New Home Sales by County
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 November.  
Price Point Data
As part of its monthly sales analysis, the North State BIA also records the price points for new homes sold. The November price points for new home sales can be seen in the chart below. 
Regional Permitting Data
The California Homebuilding Foundation's (CHF)  Construction Industry Research Board (CIRB)  regional permit data for November.
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  [email protected]  for additional information.
About North State Building Industry Association
The North State BIA is the leading advocate for the home building industry in the greater Sacramento region. Representing more than 530 members, including 55,000 industry jobs, the North State BIA is committed to preserving and furthering the economic interests of its members, while also working to enhance the industry's standing as a significant contributor to the regional economy.

Media Contact:

Morgan Davis
Communications and Engagement Manager
Phone: 530.613.2076
Email address: [email protected]