Demand for housing in California remains high, but new multifamily development plans have dropped significantly.Permits for new apartments in the first quarter of 2024 were the lowest since 2014, with only 8,972 units planned.
Demand for housing in California remains high, but new multifamily development plans have dropped significantly.Permits for new apartments in the first quarter of 2024 were the lowest since 2014, with only 8,972 units planned.