|Houston construction slows in August||Houston construction slows in August||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=14693||2016-09-29T05:00:00Z||2016-09-29T18:45:00Z|
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.
|Houston Chronicle||Houston-The Woodlands-Sugar Land||Housing|| http://www.chron.com/business/real-estate/article/Houston-area-construction-projects-slow-in-August-9437650.php|
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