Compared with other Northern California markets, Fresno has shown more resilience of late, Sherman says. Part of that is due to lower land prices compared with the more built-out coastal and Sacramento-area markets, which keeps new home construction more affordable and accessible.

“Suburbs like Clovis continue to draw families thanks to strong schools and a good sense of community,” he adds. “We’re not anticipating any dramatic shifts in the near term—more a continuation of steady, sustainable growth in the construction industry.”

The latest city permit data, published in August, reflects that steady pace as well. In June 2026, the city of Fresno issued 143 new construction permits valued at around $46.2 million and covering 124 housing units. Single-family homes made up the bulk of that activity, with 77 permits worth about $29.4 million. Commercial work added 10 more permits valued at $7.3 million, led by professional office buildings.

According to the U.S.…