Economic impact of California homebuilding down in 2009; 2010 sales struggle

The direct influence of the California homebuilding industry contributed $13.8bn to the state economy and supported nearly 77,000 jobs in 2009, according to a new study (download here) commissioned by the California Homebuilding Foundation and conducted by the Center for Strategic Economic Research, institutions both based in the California capitol of Sacramento.

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3d rendering of a row of luxury townhouses along a street

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