Blog: Some home shoppers are calling it quits, convinced that prices have peaked

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