PERMITS FOR NEW CONSTRUCTION

Permits issued for single-family homes during the first quarter of 1989, as compared to the same period in 1988.

Area 1989 1988 % change Los Angeles 5,095 3,907 30.4% Orange County 1,959 2,310 -15.2% Riverside/San Bernardino 8,951 9,179 -2.5% Sacramento 3,166 2,789 13.5% San Diego 3,018 2,677 12.7% San Francisco Bay Area 4,197 3,158 32.9%

Source: U.S. Housing Markets report by Lomas Mortgage USA of Detroit, Mich.