Blog: As the housing market slows, builders are offering buyer discounts

In California, builders on average have constructed an average of 91,000 homes a year during the current housing upswing, according to data from the Construction Industry Research Board. That compares to an average of 158,000 a year during the boom of the late 1990s to mid 2000s. In the 1980s housing expansion, construction averaged 267,000 units a year.