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Houston construction slows in AugustHouston construction slows in Augusthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=146932016-09-29T05:00:00Z2016-09-29T18:45:00Z

​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

​Curious about the numbers? Visit Houston's Housing Market Research to see the latest reports.

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