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Tuesday, Dec 6, 2022
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Building Activity Bounces Back

San Diego County residential construction led a continued rebound in overall building activity during the month of June, helping the region post an overall 24.9 percent increase in new permit valuations from June 2009.

However, a 48.7 percent rise in residential permits was partly offset by a 15.8 percent drop in valuation on the commercial side, according to data released July 26 by the Construction Industry Research Board.

For the first six months of 2010, total residential permit valuations, including construction and renovations, were up 27.2 percent from the same period of 2009, to $590.5 million. Commercial valuations dropped 10.9 percent from a year ago for the six months, to $306.2 million.

The end result was a 10.9 percent lift from the first half of 2009 for residential and commercial valuations combined, according to board data. The total $896.8 million is still well off from the first half of 2006, when the region saw more than $2.3 billion in construction activity.

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— Lou Hirsh

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