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California Is Spending 16th Least on Residential Construction

California Is Spending 16th Least on Residential Construction

One of the major housing market trends that has emerged from the COVID-19 pandemic is a preference for single-family housing, and this increased demand is driving a surge in new home construction. For years, many people—especially more mobile, younger populations—were gravitating toward higher-density living in urban areas with an attractive lifestyle and plenty of economic […]