San Diego County appears to be on track to build more housing this year, led by increases in apartment construction.
For the first nine months of the year, San Diego County has built about 8,519 housing units, up from 6,054 at the same time last year, said the third quarter report from the Real Estate Research Council of Southern California.
n each of the past three years, the county built under 10,000 homes — far short of what housing advocates had hoped for given job and population growth. While the higher numbers were a welcome sign, permits were heavily skewed toward rental units.
“The numbers exceeded last year and that’s good,” said real estate analyst Gary London. “The takeaway is most are apartments that are in the most urban areas. Disproportionately, we are not building homes for families.”