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SoCal Single-Family Building Permits Fall 21%

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“So local developers applied the brakes, obtaining building permits in July and August at a 1,780 monthly pace — 21 percent slower than the year’s breakneck start.The Inland Empire, a hotbed for home building in Southern California, had the summer’s biggest chill, with July and August permitting 32 percent below the first-half pace, according to the Daily News.In Los Angeles and Orange counties, summer permits slowed 5 percent. Across California, permits slowed 9 percent.”

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