Houston construction slows in August

​HOUSTON – The value of new construction projects started in the Houston area slowed in August with the residential sector showing the biggest drop, Dodge Data & Analytics reported.

New residential projects totaled $727 million in August, down 14 percent from $850 million in August 2015.

The figures the value of single-family home and apartment construction.

The value of new nonresidential building projects—including office, retail, hotel, health care, churches and other categories—fell 7 percent year-over-year to $441 million in August.

Year to date, the value of residential projects is down 16 percent to $6 billion, while the value of nonresidential projects fell 21 percent to $3.8 billion.

The numbers reflect projects in the ten-county Houston metro area.